Honeywell International Inc. and other backers of Quantinuum are considering raising money for the quantum computing firm at a valuation of around $10 billion, people familiar with the matter stated.
Discussions have taken place with existing Quantinuum investors, as well as possible new backers, about a fresh injection of capital, according to the people. The size of the fundraising is expected to run into the hundreds of millions of dollars, they stated.
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