/PRNewswire/ - Xanadu (xanadu.ai), the world leader in photonic quantum computing, has announced it has raised $100M USD in Series C financing. Georgian led.
Xanadu Closes $100M Series C Round Funding hpcwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hpcwire.com Daily Mail and Mail on Sunday newspapers.
Volkswagen Group and Canadian quantum technology company Xanadu have established a multiyear research program to improve the performance of quantum algorithms for simulating battery materials. The goal is to reduce computational costs and accelerate Volkswagen’s adoption of quantum computers to develop battery materials that are safer, lighter, and more cost-effective.