Menlo raised $3B for funds dedicated
Menlo raised $3B for funds dedicated to backing AI startups, its largest fundraising to date; sources say Menlo's Anthropic stake is currently worth nearly $14B
In 2024, Menlo Ventures made the risky decision to raise $500 million to invest in Anthropic PBC, then an underdog rival to OpenAI …
Q.ANT Runs Generative AI on Photonic Hardware
Insider Brief PRESS RELEASE — Q.ANT, the pioneer in commercial photonic computing, today demonstrated the first complex, production-relevant AI workloads on its photonic hardware. Q.ANT successfully demonstrated a diffusion model and a recurrent neural network on its…
IQM Says New Quantum Codes Cut Logical Error Rates by Up to 1,000 Times
Insider Brief PRESS RELEASE — IQM Quantum Computers, the global leader in superconducting quantum computers, today announced a significant achievement in quantum error correction, using directional tile codes, marking a major step toward practical, large-scale fault-tolerant…