The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]<br /> This story continues at The Next Web [...]
Enabled by the introduction of its Willow quantum chip last year, Google today claims it's conducted breakthrough research that confirms it can create real-world applications for quantum computer [...]
Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]
The Royal Swedish Academy of Sciences has awarded Google's Chief Scientist of Quantum Hardware the Nobel Prize in Physics alongside former Google employee John Martinis, and University of Califor [...]
In a surprise twist, 23andMe founder and former CEO Anne Wojcicki is set to regain control of the DNA company's assets, according to a press release from 23andMe. In May, a company called Regener [...]
Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offe [...]
iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary [...]