Rigetti Computing secured a $5.8 million, three-year contract from the Air Force Research Laboratory (AFRL) to develop superconducting quantum networking technologies in collaboration with Dutch startup QphoX. The project focuses...
Lightmatter CEO Nick Harris took the stage at the AI Infrastructure Summit in Santa Clara to argue that the next 1000X leap in AI performance will come not from GPUs...
PsiQuantum has raised $1 billion in Series E funding to accelerate development of the world’s first million-qubit, fault-tolerant quantum computer. The Palo Alto–based company said the new capital will fund...
Scintil Photonics, based in Grenoble, France, has raised $58 million (€50M) in a Series B round to scale its integrated photonics technology for AI data centers. The funding, led by...
Baseten surged to a $2.15 billion valuation with a $150 million Series D, nearly tripling its worth just six months after raising $75 million in Series C funding. The round,...
Jerusalem-based Teramount raised $50 million in new financing to accelerate production of its fiber-to-chip optical interconnect solutions for AI, data centers, and advanced computing. Koch Disruptive Technologies (KDT) led the...
Multibeam Corp. raised $31 million in an oversubscribed Series B round to accelerate development of its multi-column electron beam lithography (EBL) systems for advanced semiconductor applications. The round was led...
Positron AI, a Reno-based startup focused on inference-optimized AI hardware, secured $51.6 million in an oversubscribed Series A funding round, bringing its total capital raised this year to over $75...
Germany’s Leibniz Supercomputing Centre (LRZ) has deployed the world’s first operational photonic AI processor, developed by Stuttgart-based Q.ANT, marking a breakthrough in energy-efficient computing. This processor uses light instead of...
FuriosaAI’s RNGD accelerator has demonstrated a 2.25x improvement in performance per watt for large language model (LLM) inference compared to traditional GPU-based systems, following rigorous validation with LG AI Research’s...
QuiX Quantum, a Dutch startup specializing in photonic quantum computing, has secured €15 million in Series A funding to deliver its first-generation universal quantum computer by 2026. The round was...
Arago announced $26 million in seed funding to develop a photonic processor that uses light for AI computations. The Paris-based startup emerges from stealth mode with this oversubscribed round, targeting...
Takanock has secured a $500 million capital commitment from ArcLight Capital Partners and DigitalBridge Group to accelerate the rollout of its integrated power infrastructure solutions for data centers. The funding...
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