Honeywell's Quantinuum settles on $12.7bn IPO target after $20bn whisper
Quantinuum targets a $12.7bn US IPO valuation, below earlier expectations, supported by trapped-ion hardware and Honeywell’s plan to make quantum exposure tradable.
Cerebras just had the biggest US tech IPO since Snowflake. SpaceX, OpenAI, and Anthropic are next.
Cerebras’ Nasdaq debut surged 68% to $311.07, valuing the company at about $95 billion and signaling strong public demand for pure-play AI chip exposure.