TLDR:
- QpiAI secures $6.5 million in Pre-Series A funding from Yournest and SIDBI Venture Capital.
- Focus on intelligence modeling and computation using quantum computers.
In Bangalore, India, QpiAI, a quantum computing and generative AI leader, has secured $6.5 million in external funding to develop quantum computing and generative AI products and platforms. This funding round was led by Yournest and SIDBI Venture Capital, two prominent investors in the tech industry. The company aims to focus on intelligence modeling and intelligence compute using quantum computers, which is a key area of growth in the field of artificial intelligence.
The funding will enable QpiAI to further develop its quantum computing and AI technologies, positioning them as a key player in the industry. This investment is a significant milestone for the company and will help propel them towards achieving their goals of enabling intelligence modeling and computation using quantum computers.
Overall, this funding round demonstrates the growing interest and investment in quantum computing and AI technologies, highlighting the potential for innovation in this area. QpiAI’s focus on intelligence modeling and computation using quantum computers sets them apart in the industry and positions them as a key player to watch in the coming years.
