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
Efforts will span silicon, rack, system, and application layers
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
Company says chip puts it on path to achieve scalable quantum computer by 2029
Companies claim new initiatives will allow designs to come to market quicker and with improved quality
The liquid-cooled LNIC has been designed to support high-bandwidth optical interconnects
Plus a round up of other quantum computing news
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 says the hardware represents a "reimagining" of the modern data center
Company says it is working to close the gap between AI ambition and outcomes
Company raised $5.55bn from sale of 30 million shares
Share price above the expected range
First time tool will be used for superconducting quantum applications in the US
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
Platform consists of six Nvidia H200 GPUs and 52 Nvidia L40S GPUs
Broadcom’s investment in initial project phase reportedly tied to Microsoft purchase commitments
Chip giant also said customer demand for its new Arm AGI CPU has hit $2bn
Despite significant double-digit data center growth, total revenue remained flat quarter-on-quarter
Company says acquisition will boost its AI and data center product offerings
Chipmaker has also hired former Qualcomm exec Alex Katouzian to oversee its Client Computing & Physical AI Group
Project overseen by company formerly known as Bitfarms now heads to Mercer County Regional Planning Commission for approval