IonQ was trading up as much as 11% premarket following news it’s acquiring British startup Oxford Ionics, though it gave up some of those gains upon market open. Both companies specialize in trapped-ion technology.
The mostly stock $1.075 billion deal is expected to be completed this year and comes a week after IonQ acquired quantum interconnect company Lightsynq. IonQ is up more than 40% in the last month.
America’s booming energy demand is creating a powerful case for large-scale energy storage.
The successful launch of the Artemis II lunar flyby marked one small step for NASA, while China’s already making giant leaps in its own space program.
A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.
The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.
Earlier this month, Anthropic, the company behind Claude, sued 17 federal agencies and their heads, alleging the government exceeded its statutory authority.
