UK-founded Quantinuum, majority-owned by Honeywell, has closed a $600 million funding round, valuing the company at $10 billion. New backers include Nvidia’s NVentures and Quanta Computer, joining existing partners JPMorgan, Amgen, and Mitsui. The raise will fast-track the launch of Helios, a quantum system debuting this year, and fuel development toward fault-tolerant computing. Quantinuum is […]
OpenAI’s $310 Billion Infrastructure Bet OpenAI is doubling down on AI infrastructure, signing a $300 billion, five-year Oracle cloud deal (starting 2027) and a $10 billion Broadcom chip order. Together, they represent one of the largest tech spending commitments ever. The company, currently valued at $300 billion, could reach $500 billion after selling $6 billion […]
Oracle Shares Rally as AI Bets Pay Off Oracle stock has nearly doubled this year, driven by optimism around a $300 billion, five-year deal with OpenAI. While Q1 FY26 results disappointed with $14.9 billion in revenue and $1.47 EPS, upbeat forecasts of $18 billion in infrastructure revenue this year and $144 billion by 2030 kept […]
