Tag: Modularity

HardwareStartupsTechnology

Oxford Quantum Startup QFX Secures €2.2M Seed Funding for Modular Hardware Expansion

Oxford-based quantum technology startup QFX has raised €2.2 million in seed funding to advance its modular hardware platform. The investment round was reportedly led by Y Combinator co-founder Paul Graham, positioning the University of Oxford spin-out within Europe’s growing quantum ecosystem.

Funding Round and Investor Backing

Oxford-based quantum startup QFX has secured €2.2 million in seed funding to expand its modular hardware platform for quantum technologies, according to recent reports. Sources indicate the investment round was led by Silicon Valley investor and Y Combinator co-founder Paul Graham, signaling strong confidence in the UK quantum sector.

by Ryan Holbrook
StartupsTechnology

AI Startup Poolside Partners with CoreWeave on 2GW Texas Data Center Project

AI startup Poolside is collaborating with cloud provider CoreWeave to develop a massive 2GW data center on West Texas ranch land. The project, dubbed Project Horizon, will utilize natural gas from the Permian Basin and feature advanced GPU clusters for AI model training. Construction is scheduled for completion in early 2027.

Major AI Infrastructure Project Announced for Texas

AI startup Poolside has entered into a strategic partnership with cloud computing specialist CoreWeave to develop a massive 2-gigawatt data center in West Texas, according to reports from industry sources. The facility will be constructed on 568 acres of the Longfellow Ranch, property owned by the Mitchell family which has extensive experience in Texas oil and gas operations.

by Darren Holt