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Alphabet has revealed it is spinning off its quantum technology group into an independent firm.
Sandbox has been operating as a separate group outside the company’s moonshot division X for almost two years, having been launched in 2016 by Jack Hidary.
It is headquartered in Palo Alto, California, and currently counts 55 employees, with Hidary remaining in the CEO position. Since its inception, Sandbox has attracted several high-profile investors, including former Google CEO Eric Schmidt, who will take over as chairman of Sandbox’s board, Breyer Capital, TIME Ventures, and T. Rowe Price.
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Besides high-profile investors, the company also has a number f high-end clients, including Softbank Mobile, Vodafone, and Mount Sinai Health System.
Reports that Alphabet wanted to spin out Sandbox first started making rounds in late January 2022, following a move by Hidary several months previous that saw him sign a California regulatory filing for a company called SB Technologies headquartered in San Francisco.
At the same time, the sandboxquantum.com website also went live.
Talks of two separate quantum technology teams within Alphabet also started appaearing, as alongside Sandbox, the company reportedly has another quantum computing team in Santa Barbara. Last year, Google opened a quantum computer lab there which houses a commercial-grade, 1-million-qubit quantum device.
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Sandbox seems to be more focused on software, rather than hardware. In an earlier report by Business Insider, Hidary was quoted saying: “hardware’s very interesting but it’s really software that gets the majority of the value creation."
Sandbox’s actual work is anyone’s guess, it seems. BI described it as a company that explores “the intersection of physics and AI.”
An Alphabet spokesperson told Insider. “Sandbox collaborates and shares technical learnings across Alphabet, including with Google’s quantum and AI and Cloud teams, and with various Other Bets.”
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Via: CNBC
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Sandbox has been operating as a separate group outside the company’s moonshot division X for almost two years, having been launched in 2016 by Jack Hidary.
It is headquartered in Palo Alto, California, and currently counts 55 employees, with Hidary remaining in the CEO position. Since its inception, Sandbox has attracted several high-profile investors, including former Google CEO Eric Schmidt, who will take over as chairman of Sandbox’s board, Breyer Capital, TIME Ventures, and T. Rowe Price.
TechRadar needs you!
We’re looking at how our readers use VPNs with different devices so we can improve our content and offer better advice. This survey shouldn’t take more than 60 seconds of your time, and entrants from the UK and US will have the chance to enter a draw for a £100 Amazon gift card (or equivalent in USD). Thank you for taking part.
Click here to start the survey in a new window p>
[HEADING=1]Working on software[/HEADING]
[HEADING=1]Working on software[/HEADING]
Reports that Alphabet wanted to spin out Sandbox first started making rounds in late January 2022, following a move by Hidary several months previous that saw him sign a California regulatory filing for a company called SB Technologies headquartered in San Francisco.
At the same time, the sandboxquantum.com website also went live.
Talks of two separate quantum technology teams within Alphabet also started appaearing, as alongside Sandbox, the company reportedly has another quantum computing team in Santa Barbara. Last year, Google opened a quantum computer lab there which houses a commercial-grade, 1-million-qubit quantum device.
Read more
Alphabet is reportedly spinning out its secretive quantum computing division
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Quantum computing: New breakthrough could set the stage for massive speed boost
Quantum computing breakthrough may help us learn about the earliest moments of the universe
Sandbox’s actual work is anyone’s guess, it seems. BI described it as a company that explores “the intersection of physics and AI.”
An Alphabet spokesperson told Insider. “Sandbox collaborates and shares technical learnings across Alphabet, including with Google’s quantum and AI and Cloud teams, and with various Other Bets.”
[ul]
[li]These are the best cloud storage services around[/li][/ul]
Via: CNBC
Continue reading…