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The Next Quantum Computing IPO CEO Just Told CNBC ‘It Is Not 10 to 15 Years Out. It’s Very Much Now’
24/7 Wall St.70d agoneutral
The Next Quantum Computing IPO CEO Just Told CNBC ‘It Is Not 10 to 15 Years Out. It’s Very Much Now’

Quantinuum, the Honeywell-backed trapped-ion quantum computing company, began trading on the NASDAQ today after pricing its IPO at $60 per share and raising $1.68 billion. On CNBC’s Squawk Box this morning, CEO Rajeeb Hazra delivered the line that will define the debut: “It is not 10 to 15 years out. It’s very much now. And ... The Next Quantum Computing IPO CEO Just Told CNBC ‘It Is Not 10 to 15 Years Out. It’s Very Much Now’

D-Wave Quantum Roadmap And Federal Backing Reframe Fault Tolerance Timeline
Simply Wall St.71d agoneutral
D-Wave Quantum Roadmap And Federal Backing Reframe Fault Tolerance Timeline

D-Wave Quantum (NYSE:QBTS) has outlined a new gate-model roadmap targeting commercial, fault-tolerant quantum computing by 2032. The plan is built around its dual-rail qubit architecture and a series of milestones focused on cutting error rates and scaling logical qubits. The roadmap is supported by proposed U.S. Department of Commerce funding, including second-year SQFab backing for subsidiary Quantum Circuits. D-Wave Quantum is trying to reposition itself in quantum hardware with this...

Bloomberg72d agoneutral
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

(Bloomberg) -- Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., opened 13% above its listing price after raising $1.68 billion in an upsized US initial public offering.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissStock Buyers Step In to Lift Dow Av

Jim Cramer on D-Wave Quantum: “It Might Be Worth Owning”
Insider Monkey72d agoneutral
Jim Cramer on D-Wave Quantum: “It Might Be Worth Owning”

D-Wave Quantum Inc. (NYSE:QBTS) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. During the lightning round, a caller asked where Cramer sees the company going. In response, he said: You know, this week we’re going to see Quantinuum come public. That’s a Honeywell spinoff, and […]

D-Wave Quantum Draws US$2b Federal Backing What It Means For Investors
Simply Wall St.75d agoneutral
D-Wave Quantum Draws US$2b Federal Backing What It Means For Investors

D-Wave Quantum (NYSE:QBTS) is set to receive a direct $100 million capital injection from the U.S. Department of Commerce. The company is also included in a wider federal quantum computing initiative totaling around $2 billion in funding. Additional federal project grants are aimed at speeding up D-Wave's quantum hardware development and commercialization efforts. D-Wave Quantum comes into this funding wave with a share price of $29.18 and very large 3-year and multi-year returns, alongside...

Quantinuum Upsizes IPO. The Year’s Biggest Quantum Offering Is Getting Even Bigger.
Barrons.com75d agoneutral
Quantinuum Upsizes IPO. The Year’s Biggest Quantum Offering Is Getting Even Bigger.

Quantinuum is set to make the biggest trading debut for any quantum company this year. As anticipation rises, the company is upsizing its initial public offering to as much as $1.46 billion. Quantinuum indicated Monday that it plans to offer 26.5 million shares at prices ranging from $53 to $55 each, compared with earlier plans to sell roughly 21 million shares for $45 to $50 each.