The AI and quantum technology developer has branhed out as a separate company having secured at least $100m from a range of external investors.
Internet and technology group Alphabet is spinning off its quantum technology subsidiary, Sandbox AQ, with a nine-figure amount of funding according to Reuters. The spinoff raised the capital from Breyer Capital, First Light Capital Group, Guggenheim Investments, Time Ventures, Section 32, Parkway Venture Capital, unnamed other funds and private investors Eric Schmidt, Thomas Tull, David…
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