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...
Island closes $400 million Series F at $6.4 billion valuation
Enterprise software startup Island has closed a $400 million Series F round led by Evolution Equity Partners, valuing the company at $6.4 billion. Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners an...
Databricks acquires spreadsheet startup Row Zero
Databricks announced Thursday that it has acquired Row Zero, a startup whose cloud spreadsheet handles more than 1 million live rows. Its finance team had been using Row Zero alongside Genie, Databricks' AI agent for asking questi...
DensityAI reportedly in talks to raise hundreds of millions at $10B valuation
AI chip startup DensityAI is in advanced talks to raise hundreds of millions of dollars at a $10B valuation, The Information reported, citing sources. Former leaders of Tesla's Dojo supercomputer program founded the company just a...
Higgsfield says current sales pace exceeds $1 billion annualized
AI video startup Higgsfield says its current performance puts it on track for more than $1 billion in annualized revenue, Bloomberg reported. Founded by a former Snap executive, the company serves businesses adopting AI-generated ...
