Quantinuum, a quantum computing startup, is losing millions. Investors want in anyway.

Quantinuum's revised IPO terms comes on the heels of the U.S. government unveiling plans last month to take $2 billion in equity stakes across nine quantum-computing companies.

Quantinuum raises its IPO to $1.46B after massive oversubscription, targeting a $14.3B valuation for the Honeywell-backed quantum computing firm with $31M in 2025 revenue.