Quantinuum Inc. has priced its upsized initial public offering at $60 per share, offering 28 million shares of Class A common stock. The shares are set to begin trading on the Nasdaq Global Market on June 4, 2026, under the ticker symbol "QNT." The company, a leader in quantum computing, plans to close the offering on June 5, 2026, subject to standard closing conditions. This IPO marks a significant step for Quantinuum as it expands its presence in the quantum computing market, serving industries like pharmaceuticals, finance, and government sectors globally.
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
Foxconn, known for assembling iPhones, saw a 34% revenue increase to NT$1.69 trillion ($53.6B) in April-May 2026, driven by strong demand for Nvidia-powered AI servers. AI servers now make up about 40% of its Cloud and Networking segment, surpassing ...
Arthur Hayes, co-founder of BitMEX and head of Maelstrom, sold the firm's entire Worldcoin stake just a day after saying he would hold it. He linked his decision to a sharp decline in pre-listing prices of SpaceX shares, which are tied to the AI trad...
Ether fell over 8% to $1,625 on June 5, marking its lowest price since April 2025 and a steep decline from nearly $5,000 less than a year ago. This drop occurred alongside Bitcoin's sixth straight daily loss and severe declines in privacy coins like ...
BNB Chain's tokenized real-world asset (RWA) value surged 60% quarterly to reach $3.6 billion, driven mainly by tokenized treasuries from Circle, BlackRock, and Ondo. Despite this growth, the network's on-chain revenue fell to $43.4 million in Q1 202...
