Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Chandrima Sanyal

Nvidia Just Went Quantum—And ETFs Are Scrambling To Catch Up

Nvidia Corporation

Nvidia Corp. (NASDAQ:NVDA) has made a big leap into quantum computing with its involvement in a $600 million funding round for Quantinuum, a majority Honeywell International Inc. (NASDAQ:HON)-owned quantum technology company.

The funding round, which puts Quantinuum at around a $10 billion valuation, also involves investments from JPMorgan Chase & Co. (NYSE:JPM), Mitsui & Co. (OTCPK: MITSF), Amgen Inc. (NASDAQ:AMGN), and various venture capital firms, according to Bloomberg.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.