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Quilter plc (2FQ0.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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1.1500+0.0300 (+2.68%)
At close: 08:04AM CEST
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  • Reuters

    Quilter raises $10 million for AI-powered circuit board design, led by Benchmark

    Circuit board design startup Quilter announced on Tuesday it raised $10 million, saying it would use artificial intelligence to reduce the time to design components that power electronics in rockets, computers, smartphones and other devices. The Los Angeles-based company's software uses a form of artificial intelligence similar to what Google employed to defeat a Chinese grand master at the ancient game of Go. Quilter's technology becomes better at building circuit boards over time and the company plans to completely automate the process.