12:31 PM EDT, 08/20/2025 (MT Newswires) -- (Updates with Nvidia ( NVDA ) declines to comment in the third paragraph)

Honeywell ( HON ) and other Quantinuum investors are exploring a new fundraising round that may raise hundreds of millions of dollars for the quantum computing company, valuing it at $10 billion, Bloomberg reported Wednesday, citing people familiar with the matter.

Discussions are underway with existing Quantinuum backers and potential new investors, and Nvidia ( NVDA ) is among those that have been contacted, the report said.

Nvidia ( NVDA ) declined to comment, and Quantinuum and Honeywell ( HON ) did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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