Business US

Nvidia Investment Sends Xanadu CEO Weedbrook’s Stake to $1.5 Billion

The founder of quantum computing startup Xanadu Quantum Technologies Ltd. became a billionaire in a matter of days after Nvidia Corp. threw its weight behind the emerging technology.

Christian Weedbrook’s stake in Xanadu was worth about $1.5 billion as of midday Friday as the company more than tripled in value this week, according to regulatory filings and market data compiled by Bloomberg.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button