{"id":12677,"date":"2025-09-10T17:47:07","date_gmt":"2025-09-10T17:47:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/12677\/"},"modified":"2025-09-10T17:47:07","modified_gmt":"2025-09-10T17:47:07","slug":"600m-uplift-for-quantinuum-will-bring-quantum-and-ai-closer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/12677\/","title":{"rendered":"$600m uplift for Quantinuum will bring quantum and AI closer"},"content":{"rendered":"\n

Quantinuum has raised $600million as it progresses towards the launch of Helios, the next-generation quantum computing system that is expected later this year.<\/p>\n

The announcement was made by Honeywell, the largest shareholder of Quantinuum with a 54 per cent ownership stake in the new company, which was formed in 2021 through the merger of Cambridge Quantum Computing and Honeywell Quantum Solutions, to become the world’s largest integrated quantum computing company.<\/p>\n

\"InsideInside the Quantinuum chamber, a complex vacuum system to isolate and control trapped ions at ultra-high vacuum levels. Inset: Quantinuum CEO Dr Rajeeb Hazra<\/p>\n

Its existing shareholders JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell all reinvested in the round.<\/p>\n

They were joined by Quanta Computer, NVentures (NVIDIA\u2019s venture capital arm) and QED Investors, along with MESH and Korea Investment Partners.<\/p>\n

A full-stack quantum computing provider, Quantinuum <\/a>is accelerating commercially useful quantum computing with commercially available quantum computers that offer undisputed performance. Along with some of the most-used developer tools and end-applications, such as InQuanto, the company\u2019s solutions are already powering scientific discoveries, economic growth and sustainable development.<\/p>\n

Quantinuum has entered strategic partnerships that will expand the capabilities of classical AI and realise next-generation technologies.<\/p>\n

\"QuantinuumQuantinuum H2 chip<\/p>\n

Partnerships and collaborations have been forged with RIKEN, SoftBank Corp, Infineon and STFC Hartree Center, as well as expansions into New Mexico, Qatar and Singapore.<\/p>\n

The company\u2019s collaborations collectively provide substantial investment, accelerating R&D, product development, scaling manufacturing capabilities, securing supply chains and fostering the overall growth of the quantum technologies industry.<\/p>\n

This capital raise will also support the upcoming launch of Helios, the company\u2019s next-generation quantum computing system that is expected later this year. It will also support Quantinuum\u2019s path to becoming the first to perform universal fault-tolerant computing.<\/p>\n

Vimal Kapur, chairman and CEO of Honeywell<\/a>, said: \u201cQuantinuum continues to meet and exceed our stated objectives \u2013 strategically, technically and commercially.<\/p>\n

\"RajRaj Hazra, Quantinuum CEO<\/p>\n

\u201cWe have complete confidence in Quantinuum\u2019s ability to continue to lead the quantum revolution and create long-term value for its investors and customers.\u201d<\/p>\n

Quantinuum has 630 employees, including 370 scientists and engineers, who are driving the quantum computing revolution in the US, UK, Germany, and Japan.<\/p>\n

\"IlyasIlyas Khan, founder and chief product officer, Quantinuum<\/p>\n

Dr Rajeeb Hazra, president and CEO of Quantinuum, said: \u201cWe are proud to partner with investors who share deep conviction in our vision for the future of quantum and AI.<\/p>\n

\u201cWith the continued support of our customers and supply chain partners, this new funding will further extend our leadership, accelerate our roadmap and strengthen the entire quantum ecosystem.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Quantinuum has raised $600million as it progresses towards the launch of Helios, the next-generation quantum computing system that…\n","protected":false},"author":2,"featured_media":12678,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[72,12436,241,61,60,80],"class_list":{"0":"post-12677","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-business","9":"tag-cambridge","10":"tag-computing","11":"tag-ie","12":"tag-ireland","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/12677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=12677"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/12677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/12678"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=12677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=12677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=12677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}