Source: Benzinga

NVIDIA: Nvidia And Google Bet Big On Quantum AI With $150M Investment In SandboxAQ, Raising Series E Round To $450 Million

Quantum computing may still feel like science fiction to most, but for a handful of major players, the future is unfolding much faster than expected. Nvidia (NASDAQ:NVDA) and Alphabet (NASDAQ:GOOGL, GOOG)) are the latest to double down on that future, pouring a $150 million investment into SandboxAQ, a startup blending quantum tech with artificial intelligence.That latest funding boost brings the company's Series E total to $450 million and pushes its valuation to $5.75 billion. According to Reuters, SandboxAQ has now raised $950 million, with support from giants like T. Rowe Price Associates (NASDAQ:TROW) and Breyer Capital, further solidifying its rise.Don't Miss:Hasbro, MGM, and Skechers trust this AI marketing firm - invest pre-IPO from $0.55 per share now.Invest in the Future of Digital Engagement. Own a Piece of the $100 Billion Metaverse Today for Just $500.Tech Titans Zero In on Quantum AINvidia and Google's interest in quantum AI is a big step forward for the startup and the industry as a whole.At Nvidia's GTC Conference, CEO Jensen Huang broke down the speed at which quantum is developing, saying it is faster than almost everyone in the industry expected. A lot of quantum research thus far has been confined to academic circles, but we're starting to ...Full story available on Benzinga.com

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Annual Revenue
$100-1000B
Employees
10-50K
Jensen Huang's photo - President & CEO of NVIDIA

President & CEO

Jensen Huang

CEO Approval Rating

98/100

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