Honeywell's Quantinuum Raises $1.68 Billion in US IPO
Honeywell's quantum computing subsidiary, Quantinuum, has successfully raised $1.68 billion in its U.S. initial public offering. This significant IPO comes as interest in quantum computing continues to grow, despite some market skepticism and recent stock tumbles in the sector.
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Honeywell's Quantinuum raises $1.68 billion in U.S. IPO as quantum computing heats up, Reuters reports
Honeywell's Quantinuum said on Wednesday it had raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece.
Read full article →Quantinuum raises $1.68 billion in IPO that seeks to give quantum computing more street cred
Quantinuum is pursuing a traditional IPO, whereas many other quantum players have gone the SPAC route.
By Britney Nguyen
Read full article →Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up
Read full article →Quantum computing stocks tumble ahead of Quantinuum IPO
Read full article →IBM Announces Five-Year, $10BN Quantum Investment
IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US governmen...
By Tyler Durden
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