Intel will arrive at Computex 2026 in Taipei on 2 June with something it has not had in a decade: a product in every computing category built on a single manufacturing story. Panther Lake, the laptop chip launched at CES in January, is expanding to handhelds with Arc G3 and Arc G3 Extreme processors designed […]

China has more than 150 humanoid robot companies. It shipped roughly 90 per cent of the world’s humanoid robots in 2025. Its two largest makers, Unitree and AgiBot, are preparing initial public offerings that would value them at a combined 13 billion dollars. Morgan Stanley doubled its delivery forecast for the Chinese market this year […]

The enterprise software industry spent two decades selling seats. Buy a licence for every employee who needs access, multiply by the number of employees, and the revenue model was as predictable as the quarterly earnings calls that reported it. Then AI agents arrived, and the arithmetic broke. In the first quarter of 2026, AI-native spending […]

The United States government now has a chief brand architect. Peter Arnell, the designer whose four-decade career includes creating the DKNY brand identity, redesigning the Pepsi logo in a project accompanied by a 27-page strategy document that referenced the Mona Lisa and the Parthenon, and overseeing the Tropicana packaging redesign that caused a 20 per […]

When Rivian went public in November 2021, Amazon owned 20 per cent of the company. It had backed the electric vehicle startup with a 700 million dollar cheque in 2019, ordered 100,000 electric delivery vans, and watched its investment surge to more than 15 billion dollars on Rivian’s first day of trading. Four years later, […]

A state investigator in Pennsylvania created an account on Character.AI, opened a conversation with a chatbot called Emilie, and told it he was feeling depressed. Emilie responded that she was a psychiatrist, that she had attended Imperial College London’s medical school, that she was licensed to practise in Pennsylvania and the United Kingdom, and that […]

Duolingo beat every Wall Street estimate for the first quarter of 2026. Revenue rose 27 per cent year on year to 292 million dollars. Earnings per share came in at 89 cents against expectations of 76 cents. Daily active users grew 21 per cent to 56.5 million. Paid subscribers grew 21 per cent to 12.5 […]

Daniel Moreno-Gama, the 20-year-old accused of throwing a Molotov cocktail at the San Francisco home of OpenAI CEO Sam Altman and then walking three miles to OpenAI’s headquarters to threaten to burn the building down, pleaded not guilty on Tuesday to two counts of attempted murder and nine other state charges. Moreno-Gama, wearing an orange […]

The recycling industry has a labour problem that no amount of recruitment can solve. Staff turnover at waste sorting facilities runs at 40 per cent annually. The fatality rate is eight times the national average across all industries. Work-related injury and ill-health runs 45 per cent higher than other sectors. The work involves standing beside […]

In April 2025, Intel’s stock was trading at 18 dollars. The company had fired its CEO three months earlier, lost the AI chip race to Nvidia so completely that analysts had stopped including it in competitive comparisons, and was being discussed in the financial press primarily as an acquisition target or a candidate for dismemberment. […]

Before we talk about the technology, we need to talk about what it is taking from us, or teaching us to give away. As journalists and writers covering tech, our job is not only to report what is being built, funded, launched, or regulated. It is also to pay attention to what these systems are […]

Elsevier, Cengage, Hachette, Macmillan, and McGraw Hill, joined by author Scott Turow, filed a proposed class action in Manhattan on Tuesday alleging Meta pirated millions of their works to train Llama. After Judge Chhabria’s June 2025 ruling, plaintiffs with stronger market-harm evidence have been waiting their turn. On Tuesday morning, five of the world’s largest […]

Tuesday’s New York event added Claude Opus 4.7, a library of ~10 pre-built finance agents, an FIS-built AML investigator going live at BMO and Amalgamated Bank, and a Moody’s native app covering 600 million companies. The day after the $1.5bn Wall Street joint venture, the product side caught up. On Monday, Anthropic announced a $1.5bn […]

QuantWare, a Delft-based industrial quantum processor company, today announced a  €152 million ($178 million) Series B round following the announcement of VIO-40K, a quantum processor architecture for 10,000 qubits, 100x larger than the state of the art today.

New investors joining the round include Intel Capital, IQT and ETF Partners, with existing investors participating including FORWARD.one and Invest-NL Deep Tech Fund, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures. This allegedly marks the largest private round raised by a dedicated quantum processor company to date.

“The promise of quantum computing, capable of solving humanity’s intractable challenges, can only happen once it can be manufactured and deployed at scale. That is exactly what we are building,” says Matt Rijlaarsdam, CEO and co-founder of QuantWare. “VIO-40K will deliver 10,000-qubit processors on an open architecture that the entire ecosystem can build on, and KiloFab gives us the industrial production capacity to meet rapidly growing global demand. This fundraise accelerates QuantWare, and in doing so, advances the entire ecosystem toward hyperscale quantum compute.”

“In superconducting quantum computing, scale is increasingly constrained by routing, packaging, and manufacturability – not just qubit design,” says Kike Miralles, Intel Capital. “QuantWare recognised that early and built VIO to address it. That combination of technical ambition and execution positions them to become the company on which the future of superconducting quantum systems will be built.”

Founded in 2021 by Matt Rijlaarsdam and Alessandro Bruno as a spinout from QuTech at TU Delft, QuantWare designs, fabricates, and integrates quantum processors on VIO – the QPU architecture to scale superconducting qubits to utility-scale quantum computing – for the entire ecosystem.

QuantWare says they have shipped more quantum processors than any other commercial supplier, serving more than 50 customers across 20 countries.

The company is also building KiloFab, the world’s largest dedicated quantum open architecture fab, increasing the company’s production capacity by 20x to meet strong global customer demand.

“Building a global compute hardware company requires immense ambition. The QuantWare team has that drive, and with their VIO technology, they hold the key to leading the high-growth quantum industry. As one of their earliest backers, we are proud to continue our support in what is now the world’s largest funding round for a dedicated quantum processor company,” said Robin van Boxsel, General Partner at FORWARD.one.

The company says they are the only ones that design, fabricate, and integrate modular quantum processors on an open architecture at an industrial scale.

Its proprietary VIO technology – a modular Quantum Processor Architecture – allows the creation of the world’s most powerful quantum processors that provide the most compute per Watt.

Designed as an open platform that can scale the qubit chiplets and designs of third parties, VIO unlocks the most powerful quantum processing units (QPUs) for the entire industry. QuantWare serves the global quantum supply chain through QuantWare-designed QPUs, foundry services, and chiplet packaging – enabling quantum computing companies to scale on QuantWare’s VIO architecture.

“Quantum computing is on the verge of an inflection point, and is a strategic priority for nations around the world,” adds J.D. Englehart, Senior Director, IQT. “QuantWare has both the breakthrough scaling technology in VIO, as well as the requisite industrial capability in KiloFab. The company is poised to play a key role in shaping the global quantum supply chain.”

The post QuantWare raises €152 million in the largest private round for a dedicated quantum processor company appeared first on EU-Startups.

The Series B is the largest ever raised by a Dutch deeptech company, and the largest private round any dedicated quantum-processor company has closed. Intel Capital, In-Q-Tel, and ETF Partners are joining a syndicate that already had FORWARD.one and Invest-NL. There is, in 2026, a very specific kind of European deeptech success story that policy-makers […]

AI-powered fleet safety and performance solutions provider Netradyne has acquired Moove Connected Mobility, a German-founded fleet intelligence and connected mobility company.

By combining Netradyne’s AI-driven edge intelligence platform with Moove’s strong local presence, customer relationships, and operational experience, the company is creating a scaled, durable foundation to serve enterprise customers across the continent.

Following the acquisition, Moove will become part of Netradyne Europe, serving as a central operating hub for regional sales, customer engagement, partnerships, and market development.

“Europe is a critical pillar of our global strategy,” said Avneesh Agrawal, CEO and co‑founder of Netradyne.

“This acquisition reflects a clear commitment to building long‑term presence, leadership, and trust in the region.

By bringing together Moove’s local expertise and relationships with Netradyne’s AI platform, we are uniquely positioned to support European fleets at scale while staying deeply anchored in the region.”

Jeroen Bruinooge, former CEO of Moove Connected Mobility, will assume the role of SVP & GM, Europe at Netradyne, focused on leading Netradyne’s European go‑to‑market strategy, regional partnerships, and customer success.

Together, the combined teams will focus on delivering practical, intelligent solutions that help fleet operators improve safety outcomes, enhance driver performance, and gain consistent operational insights.

The acquisition also strengthens Netradyne’s ability to support global customers seeking a unified, AI‑powered fleet platform across North America, Europe, and Asia.

Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian Armstrong announced the layoffs on Tuesday in a letter to staff that mentioned the crypto market downturn in passing and […]

In 2018, four thousand Google employees signed a petition against Project Maven, a Pentagon contract that used the company’s AI to analyse drone surveillance footage. Google did not renew the contract. It published a set of AI principles pledging not to develop weapons or surveillance technology that violates international norms. It built an AI ethics […]

The Mythos crisis forced the United States government to confront a question it had been avoiding: what happens when an AI model is powerful enough to threaten national security and the government has no formal mechanism to evaluate it before the public gets access? On Tuesday, the Commerce Department announced that Google, Microsoft, and xAI […]

The quantum processor company QuantWare has raised €152 million in a Series B funding round to support the development and scaling of its technology. The announcement follows the introduction of its VIO-40K™ architecture, designed to enable quantum processors with significantly higher qubit capacity than current systems.

New investors in the round include Intel Capital, In-Q-Tel, and ETF Partners, alongside existing backers such as FORWARD.one, Invest-NL Deep Tech Fund, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures.

Founded by researchers from QuTech, QuantWare has grown into a provider of commercially available quantum processing units, producing hardware at an industrial scale in Europe.

The company develops modular quantum processors based on its proprietary VIO™ architecture, which enables scalable and energy-efficient system design. This open approach allows third parties to build and integrate their own designs, supporting broader industry development and collaboration.

The promise of quantum computing can only be realised once it can be manufactured and deployed at scale. With VIO-40K and KiloFab, we are building both the technology and the production capacity needed to meet growing global demand,

said Matt Rijlaarsdam, CEO and co-founder of QuantWare.

As part of its expansion, the company is building KiloFab, a dedicated quantum manufacturing facility in the Netherlands aimed at increasing production capacity and strengthening Europe’s role in the global quantum computing value chain.

The newly raised capital will be used to scale both the development and industrial production of QuantWare’s processors. This includes advancing its VIO™ architecture and supporting the build-out of KiloFab, with the broader goal of accelerating the transition of quantum computing from research to large-scale commercial deployment.

One of the UK’s most hyped AI startups today said it added Nvidia, BlackRock and film stars Jamie Foxx and Eva Longoria to its investment roster, as it also announced it has completed its second employee secondary share sale in less than a year.

UK-headquartered ElevenLabs, founded by two Polish entrepreneurs, made a name for itself by leveraging AI to convert text into speech which sounds like it’s being read by human voices.

The startup, which is backed by Sequoia and Andreessen Horowitz, said today it had completed the third close of its Series D funding round. 

The startup announced its $500m Series D in February this year, valuing it at $11bn. It said it has now raised more than $550m in the round.

New institutional investors include BlackRock, Wellington, D.E. Shaw and Schroders, along with enterprises like the VC arm of Nvidia, NVentures, which was already known, and Santander, ElevenLabs said.

Foxx, Longoria and Squid Game creator Hwang Dong-hyuk are among a group of more than 30 actors, musicians, athletes, and entertainment executives investing in ElevenLabs for the first time, joining existing investors like Matthew McConaughey, it said.

ElevenLabs also said it had surpassed $500m in ARR (annual recurring revenue) in the first quarter of 2026, a big jump from its 2025 year-end ARR of $350m.

It said: "This growth is driven by enterprises deploying voice agents across their businesses, from customer support and sales, to hiring and marketing operations.”

It also announced that it completed a $100m employee share sale, its second in less than a year, following its $100m employee share sale in September last year.

The startup has evolved its proposition to areas such as dubbing and sound effects. It sells products to help businesses deploy voice and chat agents, with its clients including Meta, Salesforce, and Revolut.