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Three chip designers sold their company and started over to build India's commercial quantum computer
Technik
23.7.2026KI-Zusammenfassung

Three chip designers sold their company and started over to build India's commercial quantum computer

Three semiconductor veterans, Sujoy Chakravarty, Ravi Mehta, and Biman Chattopadhyay, founded Quanfluence in Bengaluru, India, to build one of the country's first commercial quantum computers after selling their previous company. They focused on photonic quantum computing, attracting experts and commercializing cloud access for enterprise customers.

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Times of India
3 Min. Lesezeit
Lightelligence Shares Surge Nearly 400% in Hong Kong IPO as Investors Bet on Photonics Chips
Dringend
Business·28.4.2026KI-Zusammenfassung

Lightelligence Shares Surge Nearly 400% in Hong Kong IPO as Investors Bet on Photonics Chips

Lightelligence, the first mainland Chinese photonics chipmaker to go public in Hong Kong, saw its shares surge nearly 400% on debut, opening at HK$880 versus an offer price of HK$183.20. The company raised HK$2.4 billion ($306 million) in its IPO and closed at HK$886, valuing it at HK$81.5 billion. The oversubscribed listing reflects investor appetite for photonics chips as an alternative to conventional semiconductors for AI data centres.

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SCMP Tech
1 Min. Lesezeit
Lightelligence Shares Surge Nearly 400% in Hong Kong Debut as Investors Bet on Photonics Chips
In Entwicklung
Business·28.4.2026KI-Zusammenfassung

Lightelligence Shares Surge Nearly 400% in Hong Kong Debut as Investors Bet on Photonics Chips

Lightelligence, the first mainland Chinese photonics chipmaker to go public in Hong Kong, saw its shares surge nearly 400% on trading debut, opening at HK$880 versus an offer price of HK$183.2. The Shanghai-based company raised HK$2.4 billion in its IPO, with the retail tranche oversubscribed 5784.7 times, as investors bet on optical computing chips as an alternative to conventional semiconductors for AI data centres.

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SCMP Tech
1 Min. Lesezeit