Infleqtion claims 30 entangled logical qubits on Sqale system
Infleqtion says it created 30 entangled logical qubits on its Sqale quantum computing system, a company-reported step toward operations across error-protected quantum bits. A logical qubit encodes information across multiple physi...
NFM Lending faces lawsuit after acknowledged cyber incident
NFM Lending faces a class-action lawsuit after acknowledging a cybersecurity incident, The Tech Edvocate reports. Former customer Sheneka Smith alleges that the mortgage lender failed to maintain reasonable safeguards for customer...
SoftBank invests $225 million in ASI, forms construction automation venture
SoftBank Group has invested $225 million in Autonomous Solutions, Inc. and formed a joint venture with the Utah company to develop self-driving equipment for road, rail and airport projects. The investment goes to ASI, which plans...
Chinese local governments offer incentives to AI filmmakers
Reuters reports that Chinese local governments are offering computing vouchers, rent waivers and dedicated funding to attract filmmakers using artificial intelligence. These incentives reduce the cost of computing and premises for...
Zero Infinity Partners announces $156 million infrastructure technology fund
Zero Infinity Partners announced $156 million in commitments for its second fund, which will invest in early-stage companies applying technology to physical infrastructure. The firm said the fund is 50% larger than its predecessor...
PicoJool raises $27.5 million to commercialize optical links for AI clusters
PicoJool raised $27.5 million in a Series A round led by Socratic Partners, bringing its total funding to $39.5 million. The startup plans to use the money to expand its teams in the United States and Taiwan, qualify products with...