Oxford Quantum Circuits approves permanent appointment of interim CEO Gerald Mullally
Mullally served as UK government advisor before joining quantum firm in 2022
Mullally served as UK government advisor before joining quantum firm in 2022
But lawmakers still unhappy with the decision to grant export licenses to China
Violations occurred between 2015 and 2021, Department of Commerce claims
The SpiNNcloud Server System will comprise 656,640 cores
Deal is worth $950m, with $50m to be paid on completion of technical milestones
Eight-year deal was confirmed by Tesla CEO Elon Musk on X
The $50 million project will be funded by private and public investment
Claims costs of chips made at Arizona fab are between 5 and 20 percent higher than those produced in Taiwan
Company posted a net loss of $2.9 billion on $12.9bn in flat quarterly revenue
Facility to sit on 11 acre land parcel in the region
Cluster used by company’s SB Intuitions subsidiary now contains more than 10,000 GPUs
Comments made during Trump’s speech introducing US government’s new AI Action Plan
Company recorded revenue of $16.1bn for the quarter
Offers on-device supports for LLMs and VLMs
Company raised $59 million during Series B funding round
The system, named Magne, is expected to be operational by 2027
Company claims its accelerators could increase data center capacity 100x
Company has also made 20-qubit Garnet QPU available on the platform
AI accelerators will be available via LG’s EXAONE platform
Company says 30 percent of 2nm production capacity will be located in Arizona
Comes as US lawmakers criticize move to grant export licenses
Deal completes after Chinese regulator conditionally approved merger
Company says 100+ qubit system will be available before end of the year
V-GaN Tech Hub also receives funding for opening of new test lab