SandboxAQ, a quantum-focused AI firm, has raised over $300 million in funding, bringing its valuation to over $5.6 billion.
The company differentiates itself from other AI firms by adopting methods that combine quantum technology with AI, using both GPUs and potential future QPUs.
SandboxAQ, chaired by former Google CEO Eric Schmidt, collaborates with firms like Accenture and Deloitte and targets corporate customers.
The company surpassed its $5 billion valuation goal, setting a new milestone in its quantum-focused AI endeavors.