Quantinuum debuts on Nasdaq at $68 share as market cap tops $15.7bn
Raised $1.68 billion from the sale of 28 million shares
Raised $1.68 billion from the sale of 28 million shares
Judge ruled that despite gov’t saying no final decision has been made, comments and documentation demonstrate otherwise
Company says investment will help support its quantum roadmap beyond 2029
Investors include Bpifrance, STMicroelectronics, and the European Innovation Council
Funds will support company’s global expansion and R&D efforts
Brings total commitments from new and existing investors to more than $146 million
Collaboration resulted in the seizure of 50 servers, company claims
Company’s platform uses lasers to inspect semiconductors without damaging them
Fundraise values company at $570m
Fire also broke out at the site, but incident is now under control
Facility will support development of DRAM and NAND memory chips to help ease global shortages
Plus a round up of other quantum computing news
Unionized workers will now vote on the agreement
Data center segment will now contain two sub-markets: Hyperscale and AI Clouds, Industrial, and Enterprise
Empower CEO Tim Phillips will continue to lead IVR development efforts once transaction has closed
Company raised $5.55bn from sale of 30 million shares
Share price above the expected range
Series B round was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund
MicroSparc chip generates “continuous electrical power” by harvesting energy from quantum vacuum fields
Extended round brings total raised by the company to more than $350m
Broadcom’s investment in initial project phase reportedly tied to Microsoft purchase commitments
Company notes the fundraise ranks among the largest quantum Series A rounds globally
Round was co-led by DCVC and Kembara, with participation from new investors British Business Bank and Firgun
Chip giant also said customer demand for its new Arm AGI CPU has hit $2bn