Nvidia’s venture arm, NVentures, invested in French quantum computing startup Alice & Bob. The funding supports cat qubit hardware designed to create fault-tolerant, error-resistant quantum systems. Financial terms of the transaction remain undisclosed.
This deal builds on a long-standing partnership focused on hybrid quantum-GPU supercomputers. The investment follows a $2 billion U.S. federal push into quantum technology amid rising geopolitical interest.
Nvidia shares closed up 0.28% at $220.12 on Friday. The move reinforces the company’s strategy to lead the hybrid classical-quantum computing market.