Fidelity International Invests in $10 Billion Quantum Computing Firm Quantinuum

Fidelity International has made a significant investment in Quantinuum, a leading quantum computing company valued at $10 billion. Quantinuum is backed by Honeywell, which holds a majority 54% ownership stake in the firm. The investment highlights growing institutional confidence in the quantum technology sector as companies race to advance next-generation computing capabilities. A representative for Fidelity declined to comment further on the terms or strategic motivations behind the investment. Quantinuum continues its expansion following this new funding round, emphasizing its commitment to innovation in quantum computing.

Source: Bloomberg Law Business