Money Fund Founder Cleared Of Fraud

Ah, quantum computing… that moonshot technology full of potential, full of promise — and jam-packed with enough jargon to make the average person cry.  Qubits, entanglement, superposition, trapped-ions, Schrödinger’s cat. These terms sound strange because the world of quantum mechanics — where things can exist in multiple states at once — is strange.  And that’s why I want you to bear with me while I relay this latest piece of news from the buzzing quantum computing startup scene.  ZuriQ, a spin-out from ETH Zurich in Switzerland, has raised $4.2mn to commercialise a new chip architecture that could dramatically increase the…This story continues at The Next Web

Elon Musk questioned how much money the AI-infrastructure effort Stargate had actually raised. AP Photo/Matt RourkePresident Donald Trump announced Stargate, a $500 billion AI-infrastructure venture, on Tuesday. But Elon Musk, now a key advisor to Trump, suggested the effort had raised far less than that. Trump called Stargate "the largest AI-infrastructure project in history."Elon Musk questioned whether the companies involved in President Donald Trump's $500 billion AI infrastructure plan had the funds to finance it, exposing a potential rift between the billionaire and a hyped project touted by the new administration.

Getty Images; Chelsea Jia Feng/BICrypto momentum has slowed amid a lack of pro-crypto policy announcements from President Trump. According to Standard Chartered, a lack of fresh updates could spark a 10%-20% market correction. Investors should buy the dip, and lean into altcoins that will benefit from new ETFs and specific regulatory changes.

A new season of the “Champions League of Tech” has begun with the return of TECH5 — Europe’s hottest scaleup contest. Over the next five months, TECH5 will showcase the continent’s future stars. The competition comes to a climax on June 19-20, when the 2025 winners are announced on the main stage of TNW Conference.

An Icelandic scaleup has sparked hopes of a breakthrough in dementia treatment after raising €26.5mn for groundbreaking research. Arctic Therapeutics (ATx) attracted the investment after pioneering a new approach to drug development. Founded in 2015, the company first analyses genomic data with bioinformatics — a blend of computer science and biology.

Dutch scaleup Mosa Meat, the maker of the “world’s kindest burger,” has submitted its first request to sell cultivated meat in the EU.  Cultivated or “lab-grown” meat is made by harvesting animal cells and growing them in a high-tech bioreactor filled with a nutrient-packed broth. The result? Real meat minus the slaughterhouses and climate-heating emissions.  Singapore, the US, and most recently Israel are the only countries that have approved sales of cultivated meat for human consumption.