ColdQuanta, a quantum computing company based in Colorado, announced $32 million in Series A funding led by Global Frontier Investments and LCP Quantum Partners. This is the latest sign that investors aren’t pulling back on quantum computing–a long-term bet that still faces significant technological hurdles–despite the shaky economy. Another quantum computing startup, Rigetti Computing,...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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