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NVIDIA’s NVentures adds Alice & Bob to its quantum portfolio

The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and Boston-based quantum hardware company building fault-tolerant machines on its proprietary cat-qubit architecture, has added NVentures, Nvidia’s venture arm, to its cap table in an extension […]

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Lenovo Q4 revenue tops estimates on strong PC sales, shares jump 15%

$21.6bn quarter, AI revenue nearly doubles, full year crowned the best in the company’s history. Lenovo posted Q4 revenue of $21.6bn, up 27% year-on-year and roughly $2.2bn ahead of consensus, sending shares up about 15% on Friday in Hong Kong. Net profit attributable to shareholders jumped 479% to $521m, almost double the $271m analysts had […]

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DeepSeek founder declares AGI as the goal as $10bn funding round advances

Liang Wenfeng tells prospective investors the Hangzhou lab will prioritise frontier research over revenue, in its first-ever external raise. DeepSeek founder Liang Wenfeng has told prospective investors in the company’s first outside funding round that the lab intends to pursue artificial general intelligence as a primary goal, and will keep releasing open-source models rather than […]

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Meta settles bellwether Kentucky case, ending first school-district trial over youth mental health

The Breathitt County settlement closes the trial that had been set for June 12 in Oakland. Roughly 1,200 similar school-district suits sit behind it. Meta has settled the first US school-district lawsuit set for trial seeking to make social media companies pay for the cost of addressing a youth mental health crisis its critics say […]

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