Cryogenic electronics startup Rhonexum raises $1m in pre-seed funding round
Swiss company develops electronics capable of operating in cryogenic environments
Swiss company develops electronics capable of operating in cryogenic environments
Three publicly traded quantum computing companies will soon be joined on the stock market by a host of competitors
Agreement with see Samsung supply AMD with HBM4 and DDR5 RAM for its forthcoming GPUs and CPUs
AMD-powered system will deliver 6.76 exaflops of AI compute power when deployed
Comes as UK gov’t announces £1bn quantum fund to help retain homegrown talent
Project Optimism could help close supply chain gaps and develop expertise
SK Hynix has become a founding partner of the EPIC Center, slated to open later this year
Financial terms of the multi-year agreement have not been disclosed
Financial terms of the deal have not been disclosed
Deal provides French startup with pre-money valuation of $2bn
Second such agreement signed by the chip giant this week
Latest fundraise values the company at $3.75bn
Full-stack platform will support applications across on-premises, Edge, and cloud environments
Company founded by two ex-Googlers plans to start shipping MatX One chip next year
First gigawatt scheduled for deployment later this year, with companies to align across silicon, systems, and software roadmaps
Funding round included participation from BlackRock, European Investment Council Fund, and Samsung Catalyst Fund
Chip will support agentic AI workloads, with SoftBank named as first customer for new hardware offering
Deal values the quantum computing company at $1.8 billion
New identity reflects its “greater impact from reshaping storage to defining the future of data management”
Company has raised more than $200m since emerging from stealth in 2024
Generative AI giant is seeking a $730 billion valuation
Company merged with special purpose acquisition company Churchill X last year
Sale occurred in fourth quarter of 2025
Company will also establish APAC’s largest Nvidia DGX Cloud cluster