Oxford Quantum Circuits raises $100M for QCaaS

Oxford Quantum Circuits (OQC), a start-up based in the UK focused on quantum compute-as-a-service (QCaaS), announced a US$100 million funding round led the SBI Investment, a Japanese  VC fund. New investors in the round have been confirmed in addition to existing investors, Oxford Science Enterprises (OSE), University of Tokyo Edge Capital Partners (UTEC), Lansdowne Partners, and OTIF, acted by manager Oxford Investment Consultants (OIC).In...

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Dell'Oro: Party is Over for WLAN Market

Vendors depleted their backlogs of Wireless LAN (WLAN) orders faster than expected, bringing worldwide revenues down 4 percent year-over-year (Y/Y) in 3Q 2023, according to a new report from Dell'Oro Group.  Following an unprecedented stretch of revenue expansion, vendors are now reporting flat or declining orders from enterprises, and the slowdown is expected to last for several more quarters."3Q 2023 was an inflection point in the WLAN market....

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Dell Technologies sees growing server sales driven by AI

Dell Technologies posted Q3 revenue of $22.3 billion, down 10% year-over-year. The company generated operating income of $1.5 billion and non-GAAP operating income of $2 billion, down 16% and 17% year-over-year, respectively. Diluted earnings per share was $1.36, and non-GAAP diluted earnings per share was $1.88. Cash flow from operations for the third quarter was $2.2 billion, driven by profitability and strong working capital performance. The company...

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Singtel develops Quantum-Safe Network for enterprises

Under a project funded by Singapore's Infocomm Media Development Authority (IMDA), Singtel will be developing Singapore’s first National Quantum-Safe Network Plus (NQSN+) for enterprises.Singtel is working in partnership with ID Quantique (IDQ) to offer quantum-safe technologies such as quantum key distribution, which is a secure method for distributing encryption keys only known between shared parties, and post-quantum cryptography, a new, advanced...

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