Reported 3 days ago
SandboxAQ, a startup spun off from Alphabet, has raised over $300 million in funding, bringing its valuation to $5.3 billion. The funding aims to accelerate the development of advanced AI systems, particularly for applications in drug discovery, materials science, and cybersecurity. This follows a $500 million fundraising last year as the company focuses on preparing for a quantum computing future. Founded in 2022 and led by CEO Jack Hidary, the company is backed by notable investors.
Source: YAHOO