Nvidia’s Venture Arm Invests in Honeywell’s Quantinuum

Quantinuum is developing platforms to be used in fields such as chemistry, machine learning, cybersecurity, finance and drug discovery.Source: Quantinuum

Nvidia Corp.’s venture capital arm is investing in Quantinuum for the first time, valuing the quantum computing company controlled by Honeywell International Inc. at $10 billion.

Nvidia is the latest big-name backer to join the ranks of Quantinuum’s investor roster through a $600 million funding round, according to a statementBloomberg Terminal on Thursday that confirmed an earlier Bloomberg News report.