AI & Enterprise
SDT raises 30 billion won to expand AI-quantum hybrid infrastructure
Quantum technology company SDT said on Jan. 12 it raised a total of 30 billion won from private equity firm Praxis Capital Partners and NH Investment & Securities. SDT said it will invest the funds in building AI-quantum hybrid infrastructure and upgrading its technology, aiming to meet rising computing demand in the AI era. The company is also accelerating evaluations and IPO preparations for a technology-track listing with NH Investment & Securities.