Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 million, or approximately $260 million. That’s more than twice the size of its inaugural fund, and comes in addition to other signals that the quantum winter isn’t coming yet.
AI labs just can’t get their employees to stay put. Yesterday’s big AI news was the abrupt and seemingly acrimonious departure of three top executives at Mira Murati’s Thinking Machines lab.
Higgsfield says its on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares.