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Thursday, 29 October 2026
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Seoul-based AI chip startup FuriosaAI raised a $620M Series D at

Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M

TL;DRSouth Korean AI chip startup FuriosaAI raised $620M, hitting $2.9B valuation to compete with Nvidia.

Why it matters: Non-US AI chip makers gaining traction could reduce Nvidia's dominance and reshape semiconductor supply chains.

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1h

OpenAI’s Astra Model Becomes Top Distillation Target for China’s AI Labs

Chinese AI labs are trying to reverse-engineer OpenAI's new Astra model.

1h

EPB and IonQ Deploy Hybrid Trapped-Ion Algorithms on Forte Enterprise

Quantum computers help optimize power grids to reduce energy waste.

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Can Frontier Models See Past a Decoy? Elorian Tests Visual Reasoning

New test shows AI struggles to ignore irrelevant details when counting objects.

37m

University of Sydney Demonstrates Multi-Qubit Logical Entanglement

Researchers stabilized quantum errors across multiple qubits for 170 rounds on IBM hardware.

53m

Nord Quantique Secures $10 Million DARPA Quantum Benchmarking

Canadian quantum startup Nord Quantique gets $10M to develop error correction technology.

1h

LANL and Cornell Researchers Demonstrate Extraction of Quantum

Scientists figured out how to pull quantum information structures from quantum simulations of materials.

1h

Samsung Chip Operating Profit Misses Estimates

Samsung's chip division underperformed profit expectations in Q3.

1h

NQCP Spins Out Pelagic Systems to Commercialize Real-Time Hardware

Quantum computing spinout launches software to fix real-time hardware calibration problems.

1h

Zillow agrees to pay $212.5M to settle an investor class action over

Zillow paying $212.5M to settle lawsuit over failed home-flipping business.

1h

Quantum XChange releases Phio TX-CMC 2.0 to Automate Distributed

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