2026-06-17
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acquisitions. It is the company’s first equity raise in six years. As part of the deal, Behavox fully repaid and […]<br /> This story cont [...]
2026-06-17
PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer
PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantum chips cooled by one of the largest cryogenic systems ever constructed for quantum computing. Victor Peng, PsiQuantum’s […]<br /> This [...]
