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IonQ Inc., a publicly traded supplier of quantum computers, today announced plans to acquire Elisity Inc. for $1.3 billion. The price tag includes $150 million in performance incentives that are contingent on Elisity meeting certain business milestones.
IonQ has agreed to buy Elisity in an all-stock deal worth up to $1.3bn. Up to $150mn of that depends on how well Elisity does. The Maryland-based quantum computing company announced the deal on Monday. IonQ wants its security arm to guard against attacks aided by AI and, one day, quantum machines.
IonQ, a major quantum leader, is making a blockbuster security acquisition. The company is buying cybersecurity company Elisity in a deal worth up to $1.3 billion.
On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.
DARPA has moved Atom Computing, Diraq, IBM and IonQ into the final stage of its Quantum Benchmarking Initiative. The US defence research agency runs the programme to test whether anyone can build a useful quantum computer by 2033. DARPA announced the four teams on Wednesday.
The quantum computing world got a jolt when the Defense Advanced Research Projects Agency (DARPA) announced, after market close yesterday, a list of companies selected to advance to Stage C of its Quantum Benchmarking Initiative (QBI), widely considered to be the most rigorous and objective vetting…
For all the work being done to get to fault-tolerant, scalable quantum computing – system architectu ...
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