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.

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.

The National Reconstruction Fund Corporation (NRFC) has made a $13 million equity investment in Quantum Brilliance (QB), a diamond quantum technology company. The NRFC’s investment will be used by QB to create one of the world’s first foundries for quantum diamond devices. Quantum diamond devices are key components in emerging quantum computing and sensing technologies.

QuEra Computing, a global leader in neutral-atom quantum computing technology, today announced it has been awarded a 6.5 Billion JPY contract (~US$41 million) by Japan’s National Institute of Advanced Industrial Science and Technology (AIST) to deliver a state-of-the-art quantum computer, advancing quantum capabilities in Japan. This computer will be installed on-premises alongside the NVIDIA-powered ABCI-Q supercomputer.

SandboxAQ today announced a collaboration with NVIDIA to accelerate breakthrough innovations across biopharma, chemicals, advanced materials, financial services, cybersecurity, navigation, and medical imaging. SandboxAQ, a member of the NVIDIA Inception program, is leveraging the NVIDIA DGX Cloud AI platform on Google Cloud to build a state-of-the-art Large Quantitative Model (LQM) platform, fueling AI-driven scientific discovery. SandboxAQ is now uniquely positioned to help customers tackle the most complex and consequential business challenges through its LQMs – delivering breakthroughs where traditional models have fallen short – while offering unparalleled speed, scalability, and precision.

Quantum Machines (QM), a leading provider of advanced quantum control solutions, today announced its intention to work with NVIDIA at its newly established NVIDIA Accelerated Quantum Research Center (NVAQC), unveiled at the GTC global AI conference.

Quantum Rings today announced the integration of their quantum simulation technology with NVIDIA CUDA-Q, delivering GPU-accelerated quantum circuit simulation to researchers, developers, and enterprises worldwide. This integration brings together Quantum Rings’ industry-leading quantum circuit simulation technology with NVIDIA’s leadership in accelerated computing, enabling users to execute large-scale, highly complex quantum circuits faster than ever before.

IonQ , an industry leader in the quantum computing and networking industry, today announced its inclusion in the prestigious “Newsweek Excellence 1000 Index 2025,” a global ranking that recognizes the most innovative and customer-centric companies across industries who are balancing financial success with ethical practices, social responsibility and global sustainability. This accolade highlights IonQ’s commitment to pushing the boundaries of technology and delivering real-world impact through quantum solutions.

The physicist typically uses high-performance computers to run JUQCS. This is software that can be used to simulate universal quantum computers. These machines use the exotic rules of the quantum world to solve specific tasks faster than a supercomputer – at least in theory.

SandboxAQ today announced a series of scientific and technical milestone publications, collectively marking a set of significant advances in the company’s core research and product development activities. These achievements unlock new methods for biopharma drug discovery as well as development of new materials and battery chemistry.