SandboxAQ Closes Series E Round With Expanded Investor Base
SandboxAQ Closes Series E Round With Expanded Investor Base
SandboxAQ, a global leader in enterprise quantitative AI, announced the addition of Ray Dalio, Horizon Kinetics, BNP Paribas, Google, and NVIDIA to its Series E funding round, which raised over $450 million. The investments underscore the confidence in SandboxAQ’s vision and the transformative power of its Large Quantitative Models (LQMs), which are redefining how enterprises leverage AI to tackle complex scientific and quantitative challenges.
Equal1 Launches Bell-1: The First Quantum System Purpose-Built for the HPC Era
Equal1 Launches Bell-1: The First Quantum System Purpose-Built for the HPC Era
Equal1 today unveils Bell-1, the first quantum system purpose-built for the HPC era. Unlike first-generation quantum computers that demand dedicated rooms, infrastructure, and complex cooling systems, Bell-1 is designed for direct deployment in HPC-class environments. As a rack-mountable quantum node, it integrates directly alongside classical compute—as compact as a GPU server, yet exponentially more powerful for the world’s hardest problems. Bell-1 is engineered to eliminate the traditional barriers of cost, infrastructure, and complexity, setting a new benchmark for scalable quantum computing integration.
Infleqtion Demonstrates Largest Neutral Atom Array in UK, Paving Way for Scalable Quantum Computing
Infleqtion Demonstrates Largest Neutral Atom Array in UK, Paving Way for Scalable Quantum Computing
Infleqtion, a global leader in quantum information technologies, today announced a key milestone in the Scalable Quantum Atomic Lattice computing tEstbed (SQALE) project—the successful demonstration of a 16x16 neutral atom array—the largest reported array of its kind in the UK. This achievement is a crucial step toward building scalable quantum processors capable of supporting fault-tolerant quantum computing.
EQUSPACE Consortium Receives 3.2 Million Euros From the European Innovation Council for the Development of Quantum Technologies
EQUSPACE Consortium Receives 3.2 Million Euros From the European Innovation Council for the Development of Quantum Technologies
The EQUSPACE consortium, led by the University of Jyväskylä, has been awarded 3.2 million euros from the European Innovation Council’s (EIC) Pathfinder Open funding programme to pioneer quantum technologies in silicon. The project brings together five partners from three EU countries to develop a new type of silicon quantum platform.
SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AI
SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AI
SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investors, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors. The funding round valued the company at $5.3 billion on a pre-money basis.
Quobly Forges Strategic Collaboration With STMicroelectronics to Accelerate Its Quantum Processor Manufacturing for Large-Scale Quantum Computing Solutions
Quobly Forges Strategic Collaboration With STMicroelectronics to Accelerate Its Quantum Processor Manufacturing for Large-Scale Quantum Computing Solutions
Quobly, a cutting-edge quantum computing startup, today announced a transformative collaboration with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, to produce quantum processor units (QPUs) at scale. By leveraging STMicroelectronics’ advanced FD-SOI semiconductor process technologies, this collaboration is set to make large-scale quantum computing feasible and cost-effective, positioning both companies at the forefront of next-generation computing technologies.
Infleqtion Delivers First Quantum Material Design Application Powered by Logical Qubits and NVIDIA CUDA-Q
Infleqtion Delivers First Quantum Material Design Application Powered by Logical Qubits and NVIDIA CUDA-Q
Infleqtion, the world’s leading quantum information company, today announced the world’s first demonstration of a materials science application powered by logical qubits. Leveraging the NVIDIA CUDA-Q platform, the demonstration, conducted in collaboration with the University of Chicago and the University of Wisconsin, achieved a 6x boost in application-level computational accuracy. This marks a transformative step forward in quantum computing and showcasing the technology’s potential to tackle otherwise intractable computational challenges, such as the design of next-generation materials.
Pasqal’s 100-Qubit Quantum Computer Has Arrived in Jülich, Germany
Pasqal’s 100-Qubit Quantum Computer Has Arrived in Jülich, Germany
The Jülich Supercomputing Centre (JSC) at Forschungszentrum Jülich received a 100-qubit quantum computer from Pasqal in mid-November. Pasqal is a world leader in neutral atoms quantum computing technology. The new quantum computer is part of the EuroHPC JU project HPCQS and will be coupled with the JURECA DC supercomputer at JSC. This will enable European researchers to use hybrid classical-quantum resources to solve complex challenges.
IQM Quantum Computers Unveils Development Roadmap Focused on Fault-Tolerant Quantum Computing by 2030
IQM Quantum Computers Unveils Development Roadmap Focused on Fault-Tolerant Quantum Computing by 2030
IQM Quantum Computers (IQM), a global leader in superconducting quantum computing, today announced its development roadmap with technical milestones targeting fault tolerant quantum computing by 2030, while enabling a dedicated Noisy Intermediate-Scale Quantum (NISQ) approach for near-term usage.
U.S. Department of Energy Announces $30 Million to Use Quantum Computing for Groundbreaking Chemistry and Materials Science Simulations
U.S. Department of Energy Announces $30 Million to Use Quantum Computing for Groundbreaking Chemistry and Materials Science Simulations
The U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) today announced funding to pioneer a new approach to studying chemistry and materials. The Quantum Computing for Computational Chemistry (QC3) program aims to develop quantum algorithms to revolutionize diverse areas of energy research, such as designing new and sustainable industrial catalysts, discovering new superconductors for more efficient electricity transmission, and developing improved battery chemistries.