Reported 1 day ago
SandboxAQ, an AI startup utilizing quantum computing for developing enterprise models, has raised an additional $150 million from investors including Google, Nvidia, and BNP Paribas, bringing its total funding to $950 million. Valued at $5.75 billion, this investment signals significant interest from tech giants in advanced model development and its applications, particularly in drug discovery and financial modeling. The company plans to use the funds to enhance R&D and forge new partnerships.
Source: YAHOO