European startups are using rollup strategies for defence. Some VCs are sceptical
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IonQ now expects revenue of $505M to $515M this year. The quantum computing company raised the outlook on Thursday as third-quarter revenue more than quadrupled to $173.8M. Its earlier forecast was $450M to $460M, and it had revenue of $130M in 2025, Bloomberg reported.
AI is finally helping adopters boost revenue, but revenue growth still falls short of productivity and other metrics.
Cloudflare’s third-quarter revenue rose 39% from a year earlier to $782.5M, taking its annualised revenue past $3bn. The company reported the results on Thursday and raised its forecasts for the full year. Co-founder and chief executive Matthew Prince called it “Cloudflare’s best quarter ever”.
Alphabet, Google’s parent company, owned nearly 3 million shares in chipmaker Qualcomm at the end of September, a stake worth $547.9m, Reuters reported on Friday. The figures come from a regulatory filing that lists Alphabet’s holdings in other companies.
Following yesterday’s report that Apple was preparing to raise approximately $7 billion through a bond offering, the company has now finalized terms with the SEC, confirming a slightly larger amount. Here are the details. more…
CesiumAstro has raised $730M in a Series D round that values it at more than $4.5bn. The Austin-based maker of satellites and space communications systems announced the round on Thursday.
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