Why Xanadu Chose a SPAC Instead of IPO

Toronto-based Xanadu Quantum Technologies is merging with Cascadia Acquisition Corp. in a $1B SPAC deal, making it the first pure-play photonic quantum computing company listed in North America. The move positions Xanadu to commercialize its light-based quantum processors and expand global access to room-temperature quantum computing.

• Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.ai

• AI Chat YouTube Channel: https://www.youtube.com/@JaedenSchafer

• Join my AI Hustle Community: https://www.skool.com/aihustle