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Honeywell's Quantinuum heads for Nasdaq debut as quantum computing gains momentum
Honeywell's Quantinuum heads for Nasdaq debut as quantum computing gains momentum June 4 : Honeywell's Quantinuum is set to make its U.S. market debut later on Thursday, after strong investor interest helped the quantum computing company raise $1.68 billion in an upsized initial public offering. Breakthroughs in the fast-growing technology have spurred bets that quantum machines could eventually outperform conventional computers on certain complex tasks. Sentiment was also buoyed after the...
Honeywell's Quantinuum set to open higher in Nasdaq debut after upsized IPO
Honeywell's Quantinuum set to open higher in Nasdaq debut after upsized IPO June 4 : Shares of Honeywell-backed Quantinuum were indicated to open 1.67 per cent above their initial public offering price in their Nasdaq debut on Thursday, giving the quantum computing company a potential valuation of about $15.82 billion. The stock was last indicated to trade at $61, compared with its IPO price of $60. Breakthroughs in the fast-growing technology have spurred bets that quantum machines could...
OpenAI joins Anthropic in IPO push
OpenAI joins Anthropic in IPO push June 8 : OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. The ChatGPT-maker said it has not decided on a timeline of the IPO yet nor did it disclose the size or terms of the offering. Here are some comments on the listing: MICHAEL ASHLEY SCHULMAN, PARTNER AT CERITY PARTNERS: "Undoubtedly, OpenAI...