Quantum Motion secures additional investment in extended $160m Series C funding round
Five new investors have participated in the round
News - UK & Ireland, Charlotte Trueman, DatacenterDynamics
The latest news from the AI, data center, telco, chip, and cloud sector
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Chip startup Olix raises $312m at $3.3bn valuation, backed by UK gov’t Sovereign AI venture fund
Company is developing suite of specialized inference chips which will be linked by a photonic interconnect
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Intel to invest $5.7bn in Irish fab to expand Xeon production capacity
Upgrades at the site will include installation of “leading-edge manufacturing equipment”
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Data center housing UK’s Dawn supercomputer suffers heatwave-related outage – report
Claimed that the incident was caused by failure of the facility’s cooling infrastructure
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Construction begins on buildings to house new national supercomputer in Edinburgh
System will be housed in the Midlothian area
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Lenovo partners with the University of Southampton for Nvidia-powered supercomputer
Will support the university’s ambitions of deploying a Top500-ranked system
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Quantinuum debuts on Nasdaq at $68 share as market cap tops $15.7bn
Raised $1.68 billion from the sale of 28 million shares
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Oxford Quantum Circuits raises £260m in oversubscribed Series C funding round
Funds will support company’s global expansion and R&D efforts
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ByteDance and Oracle named as Arm AGI CPU customers
Revealed by Arm CEO Rene Haas at Computex
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Equal1 unveils rack-mounted silicon-spin quantum computer, RacQ
System has been designed to fit inside a conventional 19-inch rack
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Fractile raises $220m to accelerate development of AI inference chips
Series B round was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund
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Quantum Motion raised $160m to support commercialization of its silicon-based quantum computing technology
Round was co-led by DCVC and Kembara, with participation from new investors British Business Bank and Firgun
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UK Semiconductor Centre appoints chip veteran Andy McLean as its first CEO
McLean has previously worked at Analog Devices, Texas Instruments, and National Semiconductor
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Anthropic in discussions to buy inference chips from UK startup Fractile – report
Fractile’s hardware not expected to be available until 2027
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UK government to launch AI Hardware Plan later this year
Technology Secretary Liz Kendall said she will not accept “defeatism” that the hardware race has already been won by the US and Taiwan
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Intel repurchases 49 percent stake in Ireland’s Fab 34 for $14.2bn
Apollo Global Management acquired the stake in 2024 for $11.2bn
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UK chip startup Fractile looking to raise $200m at $1bn valuation – report
Company reportedly in talks with Accel and Oxford Science Enterprises regarding investment
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University of Galway and EuroHPC JU publish invitation for tender for Irish supercomputer CASPIr
Deadline for participation requests is May 5
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Rigetti to invest up $100m in UK to accelerate quantum computing development
The Californian quantum computing company also plans to deploy 1,000-qubit system in the UK before end of the decade
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Arm partners with Meta for data center AGI CPU
Marks the first time Arm has produced a physical chip, rather than licensing the IP
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UK gov’t to invest £45m in Sunrise supercomputer to accelerate advancements in fusion energy
AMD-powered system will deliver 6.76 exaflops of AI compute power when deployed
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Infleqtion deploys 100-physical-qubit quantum computer at UK’s NQCC
Comes as UK gov’t announces £1bn quantum fund to help retain homegrown talent
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IonQ partners with the University of Cambridge for 256-qubit quantum computer
Will also establish a quantum innovation center
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UK chip startup Olix raises $220m for development of photonic AI chips that forgo the need for HBM – report
Latest funding round saw company valued at $1bn
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UK gov’t announces £36m investment to boost supercomputing capacity
Dawn supercomputer at University of Cambridge will be upgraded with AMD MI355X GPUs
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Leeds, UK-based photonic chip startup Optalysys raises £23m
Funding will be used to commercialize technology and support US expansion
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Equal1 closes $60m fundraise to accelerate development of its Bell-1 silicon quantum server
Funding round was led by Ireland Strategic Investment Fund, with participation from European Innovation Council Fund and TNO Ventures, among others
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University of Bristol to build data processing facility next door to Isambard-AI
While Oxford University’s Exeter College announces plans for new HPC campus