Round was led by UKI2S and Cambridge Enterprise

Will eventually have space to host 12 quantum computers

Funds will support development of carbon nanotube-based quantum technology

Confirmed by Elon Musk

Largest one-off direct foreign investment in the country

Bill has received bipartisan support

Decision for facility in Taylor expected to be made in Q4 2024

20-qubit superconducting system has been integrated into the SuperMUC-NG supercomputer

System will be housed in converted mine

Pioneer of multi-project chip services passed away on June 9

Company is working with local government to adhere to cultural proceedings

Dell, HP, Lenovo, and Tesla also named in the lawsuit

Center will also host first deployment of Nvidia DGX Quantum

System due to go online in 2029

Wants South Korea to become market leader in AI chip space

Company has started offering full-stack AI solutions to customers

Scope of regulations still being determined

ParTec seeking undisclosed amount of damages

One of the largest funding raises by European chip company

Second upgrade to the system since it was installed in 2021

Company says its Foundry AI business has increased by 80 percent in the past year

Round was led by Nordic venture capitalist firm Butterfly Ventures

Funding gap arose after Defense Department reneged on $2.5bn military contract with Intel

Shipped one million more units in 2023 than previous year