The Clap
Alphabet’s (NASDAQ: GOOGL) quantum tech company announced it raised nine-figure (hundreds of millions) in funding, & it’s spinning off from its parent company.
More on Sandbox AQ
Sandbox AQ is a software startup developing quantum-computing & artificial-intelligence (AI) tools for commercial use.
Claps Class
Quantum computing is the study of how to use phenomena in quantum physics to create new ways of computing.
Why this matters
Quantum computing has the potential to crunch data millions of times faster than supercomputers.
While this potential is still years away, Sandbox AQ has some big-name clients including Vodafone (NASDAQ: VOD) & SoftBank Mobile. For now, the company offers software run on classical computers.