Quantum Motion, a UK quantum computing startup, has closed a $160 million Series C financing round. Investors included: the EU-backed fund Kembara, DCVC, the British Business Bank, Firgun Ventures, Oxford …
The post UK’s Quantum Motion raises $160m appeared first on Electronics Weekly.
The European Space Agency is working to develop a state-of-the-art ‘supersite’ in Sodankylä, located in Lapland in northern Finland. The plan is to equip the site with advanced environmental measuring … The post ESA to develop Earth Observation supersite in Sodankylä, Lapland appeared first on Electronics Weekly.
Mistral AI, the French AI developer, says it has taken on debt of $830 million to run a datacentre. The datacentre, at Bruyeres-le-Chatel near Paris, is used to train of … The post Mistral raises $830m appeared first on Electronics Weekly.
Redwire Corporation is opening an office in the United Kingdom to directly support its work with the UK Ministry of Defence (MoD). The London office will include staff working across … The post Redwire opens UK office for MoD aerospace programmes appeared first on Electronics Weekly.
Huawei is expecting revenues from AI ICs to grow from $7.5 billion last year to )12 billion this year based on orders it has already received, reports the FT. Most … The post Huawei on track to sell inference chips worth $12bn thiscyear. appeared first on Electronics Weekly.
SpaceX is looking for a $1.75 trillion valuation for its expected IPO in June which would make it the sixth most valuable US public company after Nvidia, Apple, Microsoft, Alphabet … The post The first trillionaire appeared first on Electronics Weekly.
Microelectronics US, which will be held in Austin, Texas on 22 and 23 April, is different to other events, says Assistant Professor Ariful Haque on the latest CHIIPs podcast. Based … The post Microelectronics US is platform to discuss “policy, challenges and solutions for the globe” appeared first on Electronics Weekly.
