Quobly, a Grenoble-based quantum computing company, has raised €115 million in a Series A round to fuel the industrialization of silicon-based quantum hardware. The investment signals a tech milestone in France as the company intensifies research and development efforts for next-generation computing.

Quantum computing companies are seeing a surge in their stock prices, with D-Wave Quantum, Rigetti, and IonQ at the forefront. Several news outlets report that the Trump Administration is considering equity stakes in these firms, fueling curiosity about a potential new era of public-private collaboration in high-tech industries.