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WHTop → 📋 News → Rigetti Closes $35 Million Investment Deal with Quanta
May, 2025 : Rigetti Closes $35 Million Investment Deal with Quanta
📅 - Rigetti Computing, a prominent innovator in full-stack quantum-classical computing, has finalized a $35 million strategic investment deal with Quanta Computer. As part of the agreement, purchased Rigetti common stock at approximately $11.59 per share, further solidifying the partnership initially announced earlier.
This investment marks a significant step forward for both companies in their joint efforts to accelerate innovation in the quantum computing space. Rigetti CEO Dr. Subodh Kulkarni emphasized the importance of the collaboration, stating that Quantas global leadership in notebook and server manufacturing complements Rigettis advancements in superconducting quantum computing. The [...][... Check source for end of article ...]
📅 - DataBank Acquires Building Housing Its EWR2 Data Center in New Jersey - DataBank has acquired the physical facility that houses its EWR2 data center in Piscataway, New Jersey, signaling a strategic shift from leasing to ownership within its infrastructure portfolio. The move underscores DataBanks long-term investment strategy and aims to increase operational control, scalability, and reliability for clients relying on the site for mission-critical applications.
EWR2, one of several edge data centers operated by DataBank across the U.S., provides colocation, connectivity, and managed services for enterprise and institutional clients. Among its key tenants is the New Jersey Institute of Technology, which runs its Wulver High-Performance Computing (HPC) [...]
📅 - AleForge Launches Advanced DDoS Protection for Game Servers - AleForge, a specialized game server hosting provider, announced the launch of its advanced DDoS protection service today, powered by enterprise-grade technology. This new service will provide game server owners with robust protection against increasingly common and sophisticated DDoS attacks while simultaneously improving connection stability and reducing latency.
The new protection service comes as a response to the growing threat of DDoS attacks targeting game servers, which can disrupt gameplay and community events. By implementing state-of-the-art security technology, AleForge now offers DDoS protection that can mitigate attacks up to 348 Tbps, protecting customers from even the largest
📅 - Amazon Launches Kuiper Satellites, Challenging Starlink - Amazon has officially kicked off its Kuiper broadband project with the launch of its first 27 satellites from Florida. The move marks the beginning of a long-delayed effort to compete with SpaceXs Starlink in delivering internet from space.
These are the first of 3,236 satellites that Amazon intends to launch into low-Earth orbit as part of Project Kuiper, a $10 billion initiative announced in 2019 to provide broadband internet to governments, corporations, and consumers worldwide - clients that SpaceX has been vying for years with its Starlink business.
Amazon has arranged more than 80 launches via alliances with ULA, Arianespace, and Blue Origin. Amazon needs at least half of the [...]
📅 - Bandwidth IG Rebrands as BIG Fiber Amid AI Boom - Bandwidth IG has announced a major rebrand, officially changing its name to BIG Fiber - a move that underscores the companys evolving mission to serve the rapidly growing demands of digital infrastructure. As and cloud computing technologies continue to reshape the landscape of enterprise IT, BIG Fiber is positioning itself at the forefront of next-generation connectivity solutions by expanding its reach and redefining its brand identity.
The rebranding is more than a cosmetic overhaul. It would reflect the company's accelerated growth trajectory and its status as a key provider of dark fiber - unlit optical fiber that serves as the foundational layer for high-capacity data transmission. [...]
📅 - Arctic Wolf Boosts Warranty to $3M, Adds AI Security - Cybersecurity firm has expanded its financial warranty for customers using its Aurora Managed Endpoint Defense and Security Operations Bundles, offering up to $3 million USD in coverage for qualifying cybersecurity incidents. This marks a significant increase from its previous warranty cap and reinforces the companys standing as a leader in outcome-based cybersecurity offerings.
The move signals Arctic Wolfs continued push to provide measurable risk reduction and tangible value for enterprises investing in its ecosystem. The enhanced warranty is the latest in a series of strategic upgrades to the Aurora Endpoint Security platform, which is already in use by more than 3,000 organizations [...]
📅 - EXA Picks Nokia to Boost Data Center Links with 1.2T Optical Tech - Nokia's optical transport technology has been chosen by to increase its network capabilities and meet customer demand for affordable connection, especially between major data centers. Across EXA Infrastructure's global network, the upgraded 1.2T-per-channel network will provide improved high-capacity and low-latency data center connection services.
London-based EXA Infrastructure offers vital, contemporary infrastructure that forms the foundation of economic and digital expansion. This comprises hyperscale infrastructure, ultra-low latency, high-bandwidth networks for data centers, and mission-critical networks for businesses and governments. The lowest-latency connection between Europe [...]