Oratomic reportedly hits $5.4bn as Gartner sees quantum revenue top $1bn
Oratomic reportedly hits $5.4bn as Gartner sees quantum revenue top $1bn

Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn. The same day, B…

DARPA moves Atom Computing, IBM, IonQ and Diraq to final quantum test stage
DARPA moves Atom Computing, IBM, IonQ and Diraq to final quantum test stage

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 f…

Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%
Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%

The US Department of War has offered chipmaker Wolfspeed a conditional loan of up to $1.5bn over 30 years. In return, Wolfspeed would give the department warrants to buy up to 7.5% of the company. Wolfspeed filed for bankruptcy protection in June 2025….

OpenAI publishes 722 maths papers written by a model it has not released
OpenAI publishes 722 maths papers written by a model it has not released

OpenAI has published 722 maths manuscripts from an internal model it has not released. The papers fall into 372 families of results. The company announced the release on Tuesday and put them all in a public GitHub repository. It is the same model behin…

Rivercell raises $25M to build an AI model of how cells respond to drugs
Rivercell raises $25M to build an AI model of how cells respond to drugs

Paris start-up Rivercell has raised a $25M seed round to build an AI model that predicts how human cells respond to drugs and genetic changes. HV led the round, with HCVC, Alven and Bpifrance Digital Venture taking part, the company said on Wednesday. …

Atomic Machines emerges with $250M to build micro-machines from code
Atomic Machines emerges with $250M to build micro-machines from code

Atomic Machines has come out of six years in stealth with $250M raised. It says its system builds working micro-machines straight from code. The Bay Area start-up announced the launch on Wednesday. Its first product is a power switch for AI data centre…

EU-funded robot uses magnets to steer graphene implants into the brain
EU-funded robot uses magnets to steer graphene implants into the brain

A European research group has built a robot that uses magnets to steer ultra-thin graphene electrodes into the brain. Barcelona’s INBRAIN Neuroelectronics, which leads the clinical work, announced the results on Wednesday, at the end of the EU-funded M…

Anduril to build $3.7bn Baltimore shipyard for US Navy submarine parts
Anduril to build $3.7bn Baltimore shipyard for US Navy submarine parts

Anduril will invest $3.7bn in a new shipyard near Baltimore to build parts for the US Navy’s Virginia-class submarines, the defence company said on Tuesday. The Navy has also awarded Anduril a contract worth up to $2.9bn, with payments tied to demonstr…

Bridge Neurotech raises $13.5M to read brains with ultrasound, no implant
Bridge Neurotech raises $13.5M to read brains with ultrasound, no implant

Bridge Neurotech came out of stealth on Tuesday with $13.5M in funding. It plans a brain-computer interface that needs no surgery and no implant. The startup wants to use ultrasound to read brain activity through the skull. It also signed a research de…

Boston Dynamics names Rohit Prasad, who helped build Amazon’s Alexa, as CEO
Boston Dynamics names Rohit Prasad, who helped build Amazon’s Alexa, as CEO

Boston Dynamics has named Rohit Prasad chief executive from 7 October, the robot maker said in a statement on Tuesday. The company said he will speed up its Physical AI strategy. That plan combines its robots with advanced AI to sell intelligent machin…