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Tag: Spark Capital

Oratomic raises 0M to build a viable quantum computer that needs only 20K qubits
  • Technology

Oratomic raises $300M to build a viable quantum computer that needs only 20K qubits

Admin1 month ago05 mins

A number of companies, betting on various architectural approaches, are trying to build the first commercially viable quantum computer capable of significantly outperforming current systems. Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has…

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#AI chip startup MatX, founded by Google alums, raises Series A at 0M+ valuation, sources say
  • Technology

#AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say

Admin2 years ago04 mins

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round.  Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of…

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