MARC ANDREESSEN: "We had meetings with the Biden admin where they told us to not even start AI companies because there's no way they'll let them succeed."
JOE ROGAN: "What do you do after a meeting like that?"
MARC ANDREESSEN: "You go endorse Donald Trump."
LMAO
$INFQ CEO Matt Kinsella spoke at Evercore TMT conference today. I had a chance to listen to the full interview with Matt, and a few things really stood out to me.
First, Infleqtion was selected from a very large pool of global applicants, which speaks to the strength of the company’s technology and position within the industry.
Second, the funding @infleqtion received is specifically earmarked to accelerate quantum computing development and roadmap execution, helping the company reach key technical benchmarks faster.
Third, the conversation reinforced the strength of Infleqtion’s existing business lines and the company’s path toward 100 logical qubits by 2028.
Matt also highlighted the partnership with NVIDIA, including the role of NVLink and AI-driven calibration software in helping scale and optimize quantum systems. It was a strong reminder of how important the broader ecosystem is becoming.
One comment that stood out was when Matt reaffirmed guidance and essentially said, “Hold us to it.” He emphasized that upcoming milestones will serve as clear indicators of the company’s ability to execute on its roadmap.
Another important takeaway was — current path to 100 logical qubits does not require any major new scientific breakthroughs. According to Matt, reaching that milestone is primarily an engineering challenge from here. He did note that moving from 100 logical qubits to 1,000 and beyond may require additional scientific advances, but the near-term roadmap is based on technologies and approaches already understood today.
That said, any future scientific breakthrough could potentially accelerate the roadmap even further.
Neutral atom remains a leader in the quantum race.
Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3VCVCnxToh
NEW: THE WALL STREET JOURNAL REPORTS @HyperliquidX "IS EMERGING AS WALL STREET’S CONVENIENCE STORE"
"HYPERLIQUID, FOUNDED BY FORMER QUANT TRADER JEFF YAN, IS ALWAYS OPEN FOR BUSINESS"
SOURCE: https://t.co/HZauGd7DOv
LATEST: ⚡️ ICE CEO Jeff Sprecher says Hyperliquid is "bigger than Nasdaq," confirming the NYSE parent is in talks with the DEX about a potential collaboration.
Looks like a huge win for President Trump and the US. Hearing from a Senior Admin Official this report is TRUE and the U.S. appears to be getting everything we want.
Infleqtion has signed a Letter of Intent with the @commercegov CHIPS Research and Development Office for $100 million in proposed funding to accelerate U.S.-based quantum computing technologies critical to economic competitiveness and national security.
“Quantum computing is emerging as a foundational technology for economic competitiveness, technological leadership, and national security,” said Matt Kinsella, Chief Executive Officer of Infleqtion. “This investment reflects the transformative potential of quantum innovation, and we’re honored to work with the Department of Commerce to accelerate U.S. leadership in quantum computing.”
The proposed investment supports the advancement of neutral-atom quantum systems across quantum hardware, photonics and full-stack system development, while strengthening domestic quantum manufacturing, supply chain and workforce capabilities.
Infleqtion’s quantum technologies are already supporting programs across national security, energy, and scientific research, including @DARPA, the @Energy, @NASA, and the @DeptofWar.
“NVIDIA and Infleqtion have long worked together to accelerate the capability of quantum computing through integration of quantum processors with GPU supercomputing,” said Timothy Costa, Vice President and General Manager for Quantum at @NVIDIA. “This announcement is an important milestone for developing large-scale quantum computing systems in the United States, and we're excited to continue supporting Infleqtion on this journey.”
Read the full announcement: https://t.co/7r6V4hvDxw
BREAKING: The Trump Administration is investing $2 billion in quantum computing companies and will receive equity stakes in return, per WSJ.
Details include:
1. $1 billion of the package will be awarded to IBM, $IBM
2. Chip maker GlobalFoundries, $GFS, is receiving $375 million in funding
3. The rest of the companies will receive $100 million each, except for startup Diraq, which is slated to get $38 million
4. Multiple other public companies will receive funds including D-Wave Quantum, Rigetti Computing, and Infleqtion
Trump's next big bet is on quantum computing.