Byted Size News

Circle’s $7.2B IPO, Paradromics’ Brain Implant Breakthrough, Microsoft’s $400M Swiss AI Boost, Tesla’s Model 2 Denial Sparks Concern, Infleqtion’s $100M Quantum Funding


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Introduction:

In today’s episode, we delve into five compelling stories shaping the future of technology. First, Circle, the issuer of the USDC stablecoin, is aiming for a remarkable $7.2 billion valuation as it upsizes its US IPO, reflecting strong investor confidence amid growing interest in stablecoins and regulatory clarity. Next, neurotech innovator Paradromics has successfully implanted and removed its brain-computer interface in a human patient for the first time, marking a critical step toward clinical trials and new communication possibilities for those with severe motor impairments. We then cover Microsoft’s $400 million investment to expand AI and cloud infrastructure within Switzerland, reinforcing its commitment to data sovereignty and advanced technology in key sectors. The fourth story highlights internal tensions at Tesla following Elon Musk’s public denial of canceling the highly anticipated $25,000 Model 2 electric vehicle, despite internal reports to the contrary, raising questions about the company’s affordable EV strategy. Finally, we explore Infleqtion’s $100 million funding round to advance room-temperature quantum computing technology, including a new partnership with SAIC to develop defense applications.


Content and Timestamp:

00:00:40 Stablecoin Firm Circle Eyes $7.2 Billion Valuation in Upsized US IPO

00:02:20 Paradromics Achieves Milestone with First Human Brain-Computer Interface Implant

00:04:29 Microsoft Commits $400 Million to Boost AI and Cloud Infrastructure in Switzerland

00:06:20 Tesla Executives Question Musk After Denial of $25,000 Low-Cost EV Project Cancellation

00:08:25 Quantum Computing Startup Infleqtion Raises $100M, Partners with SAIC for Defense Tech


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Byted Size NewsBy voieech.com