Snowcap Compute Secures $23 Million Seed Funding from Former Intel CEO

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Snowcap Compute, a startup developing a commercially viable superconducting compute platform for AI, quantum, and high-performance computing (HPC), announced a $23 million seed funding round.The company’s platform aims to improve processing speed and energy efficiency compared to existing CMOS technology. The global high-performance computing market is projected to reach $400 billion by 2030.


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