Quantum Leaps

Dual remarkable quantum breakthroughs bring promise to error correction and faster computing

Good morning,

For those of you in the United States, welcome back from the Independence Day holiday weekend. We hope it was as awesome as Mark Zuckerberg’s weekend spent dressed as Sam the Eagle while surfing (but don’t confuse this avian surfer with the nearly-as-patriotic Sam Eagle from the Muppets) .

The summer sprint is on before VCs everywhere check out for August to disappear to Amalfi or Ibiza for vacation exodus (yes, we’re being cheeky—we know they’re often still working, even on ‘vacay’). Fundraising announcements haven’t slowed down, with $5B going to Elon Musk’s xAI and $1B to Surge AI this week alone.

Speaking of Elon Musk, he’s announced his intention to create the ‘America Party,’ positioning it as an alternative to the Republican and Democratic parties. This comes after a falling out with President Trump over the ‘Big, Beautiful Bill’ and marks a break from the MAGA-aligned wing of the GOP. Tesla’s stock is down 8.5% following the announcement, after previously recover…