Q.ANT has secured an additional $18 million in funding, bringing its total financing to $80 million, claimed to be the largest financing round for photonic computing in Europe.
The investment, led by Duquesne Family Office, will be used to commercialize Q.ANT's optical processors, drive technology development to improve AI infrastructure, and support expansion into the U.S.
Q.ANT's Native Processing Server is now "one of Europe's best-funded AI accelerator techs".
Sue Meng, Managing Director at Duquesne Family Office, has been appointed as an observer to Q.ANT's advisory board.
Author's summary: Q.ANT raises $18M to drive photonic AI infrastructure development.