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WHTop → 📋 News → Quantum Firm Infleqtion to Go Public in $1.8B SPAC Deal
Sep, 2025 : Quantum Firm Infleqtion to Go Public in $1.8B SPAC Deal
📅 - Infleqtion, a U.S.-based quantum computing company, is set to go public through a merger with Churchill Capital Corp X, a special purpose acquisition company (SPAC) led by veteran Wall Street dealmaker Michael Klein. The transaction values Infleqtion at approximately $1.8 billion and is expected to provide the company with roughly $540 million in fresh capital before expenses.
That figure combines funds from the SPAC's trust account and more than $125 million in additional financing through a private investment in public equity (PIPE) from institutional investors including Maverick Capital, Counterpoint Global, and Glynn Capital.
The funding is intended to accelerate product development [...][... Check source for end of article ...]
📅 - NVIDIA Unveils Rubin CPX GPU to Tackle Long-Context AI Inference - NVIDIA is preparing to expand the boundaries of artificial intelligence infrastructure with the introduction of the Rubin CPX, a new GPU designed specifically for handling exceptionally long context windows. The processor, part of the company's upcoming Rubin series, is expected to become available by the end of 2026 and is tailored for workloads that demand processing power across sequences extending to more than one million tokens.
The Rubin CPX is built with a focus on disaggregated inference, an approach that separates the distinct stages of AI inference into compute-bound and memory bandwidth-bound operations. This separation allows specialized hardware to target each phase more [...]
📅 - Nebius To Deliver Multi-Billion Dollar AI Infrastructure To Microsoft - Nebius Group, a global provider of AI infrastructure, has entered into a multi-billion dollar agreement with Microsoft to supply dedicated computing capacity for artificial intelligence workloads. The multi-year deal marks one of Nebius's most significant partnerships to date and will provide Microsoft with infrastructure from Nebius's upcoming data center in Vineland, New Jersey, which is expected to come online later this year.
Arkady Volozh, founder and chief executive officer of Nebius, described the agreement as both a validation of the company's strategy and a catalyst for future growth. He noted that while the firm's core AI cloud business already serves a wide spectrum of [...]
📅 - DataCrunch Raises €55M to Build Europe’s First AI Cloud Hyperscaler - DataCrunch, a Helsinki-based high-performance AI infrastructure provider, has raised €55 million in Series A funding as it aims to become Europe's first AI cloud hyperscaler and reduce the continent's dependence on US tech giants. With the fresh capital, DataCrunch intends to grow its workforce, expand its infrastructure footprint, and enhance its service offerings.
The round was led by Finnish investors including Tesi, Skaala, and the Varma pension fund, joined by J12 Ventures and several angel investors. Debt financing was provided by Danske Bank, Norion Bank, Local Tapiola, Nordea, and Armada Credit Partners. With this latest raise, DataCrunch has secured €76.5 million in total funding [...]
📅 - DE-CIX and DLR Partner to Research High-Bandwidth LEO Connectivity - DE-CIX, one of the world's largest Internet Exchange operators, has partnered with the German Aerospace Center (DLR) to research new methods of improving communication between low Earth orbit (LEO) satellite constellations and ground-based infrastructure. The collaboration is part of the European Space Agency's OFELIAS project, which focuses on enhancing data transmission using laser-based communication systems.
The initiative aims to overcome the limitations of traditional satellite communication by developing advanced protocols, algorithms, and procedures that can optimize data flows between optical ground stations and satellites. While optical laser links offer significantly greater [...]
📅 - Cisco Advances SOC With Splunk Agentic AI for Faster Threat Response - Cisco has unveiled a new wave of artificial intelligence capabilities designed to transform the operations of the Security Operations Center (SOC). The company announced the release of Splunk Enterprise Security Essentials Edition and Splunk Enterprise Security Premier Edition, two updated offerings built on Splunk Enterprise Security 8.2, its widely used Security Information and Event Management (SIEM) solution.
Both options place "agentic AI" at the center of security workflows, aiming to streamline detection, investigation, and response processes while reducing operational complexity.
The move follows Cisco's acquisition of Splunk, and underscores how central the platform has become [...]
📅 - Bain Capital to Sell China Data Center Arm to Hec Tech for $4B - Bain Capital has agreed to divest its China-based data center operations in a landmark $4 billion deal, underscoring the growing importance of hyperscale infrastructure as demand for artificial intelligence computing accelerates across Asia. According to Reuters, the U.S. private equity firm will sell WinTriX DC Group's mainland China business to a consortium led by Guangdong Hec Technology, marking one of the region's largest data center transactions this year.
The deal values the company at approximately 36 billion yuan ($5 billion). The buyer consortium, which includes institutional investors and local government funds, is expected to finalize the purchase in the first quarter of 2026 [...]