Segment no longer aligns with new CEO’s strategy

After lawsuits and delays impacted its data center return

Biden-era regulation sought to limit access to advanced AI chips and AI model weights

Each project will have a capacity of 600MW

Company has also opened quantum lab in Santa Monica, California

Deal strengthens InfraXmedia’s leadership across digital infrastructure media, events, data, and demand generation platforms

Plan to utilize power from 100MW solar project

Offers data center-scale compute from any location

IQM Spark system will be installed in Q2 2025

Company loses $100 million in future payments but downplays impact in earnings call

Builds on the 64-qubit system previously deployed by the partners

Project expected to be complete by June 2025

Will be hosted in Italy

Wants to scale the system to 100 logical qubits by 2030

Chips will be used to support use cases within the Air Force

Canadian telco also planning to expand its Kamloops site to house a supercomputer

System funded by a $3.15 million, five-year grant from the National Institutes of Health

System deployed in the company’s IBM Quantum Data Center in Germany

System specifications still not been shared

Funding will be used to expand cloud computing capacity for science and engineering research

Funding package made up of new and previously announced investments

Value of funding not shared

Funding round included participation from European Innovation Council

Aerial photos revealed 35 onsite methane gas turbines