Private
6 months ago
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SandboxAQ

AI Business
Tarrytown, New York, USA
funded over $100 million

Category

AI Business

SandboxAQ, established in 2022 as a spin-off from Alphabet Inc., specializes in enterprise SaaS solutions that integrate artificial intelligence (AI) with quantum technologies to tackle complex business and scientific challenges. The company’s offerings include AI-driven simulation, cryptography management for cybersecurity, and AI sensing, serving sectors such as life sciences, financial services, navigation, and telecommunications.

The company has attracted significant investment from a diverse group of investors. Notable backers include T. Rowe Price, Eric Schmidt (who also serves as Chairman of the Board), Breyer Capital, Guggenheim Partners, Marc Benioff, Thomas Tull, Paladin Capital Group, and In-Q-Tel. In February 2023, SandboxAQ raised $500 million in a funding round involving 17 investors.

What sets SandboxAQ apart is its development of Large Quantitative Models (LQMs), which generate high-quality, physics-based data to train AI systems. This approach enables accurate simulations and predictions in areas like drug discovery and materials science, addressing challenges where traditional AI models may lack sufficient data. By combining AI with quantum-inspired algorithms, SandboxAQ provides innovative solutions that enhance computational capabilities across various industries.

In the artificial intelligence landscape, SandboxAQ operates within the category of AI-quantum hybrid solutions. Their technology leverages the convergence of AI and quantum computing to solve complex, data-intensive problems, positioning them at the forefront of next-generation computational advancements.

For more information, please visit sandboxaq.com.

 

 

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