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IonQ Secures $2 Billion Investment
IonQ, a leader in quantum computing, announced a $2 billion equity raise by selling 16.5 million new shares at $93 each, a 20% premium over the current market price. This deal is facilitated by Susquehanna’s Heights Capital arm, with JPMorgan Chase acting as the underwriter.
In related news, JPMorgan Chase expanded its tech investment project, now totaling $1.5 trillion over the next decade, with quantum computing identified as a key focus area. Only $10 billion of this allocation is targeted for direct investments shortly, indicating a cautious approach in the quantum sector despite substantial financial backing.
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