Investment News

Quantinuum reaches $10bn valuation after main funding

Quantinuum, the Cambridge and Colorado-based computing group, has hit a valuation of $10bn after securing a $600m (£445.6m) funding from…

CEO of Britain’s nationwide AI physique resigns

The boss of Britain’s nationwide institute for synthetic intelligence and knowledge science is to depart the organisation later this yr. …

Phasecraft secures £25.2m in Plural co-led spherical

Funding group Plural has co-led a $34m (£25.2m) Sequence B funding spherical into Phasecraft, a Bristol-based quantum algorithms firm. Based…

Area Forge appoints new chairman because it gears up for Sequence B spherical

Cardiff-based Area Forge has appointed a brand new chairman to assist it speed up progress and shut a Sequence B…