Xanadu Quantum (XNDU) Stock: Secures $140M Funding as Q3 Net Loss Widens to $32.2 Million

TLDR Xanadu secures $140 million in Canadian funding to expand its Toronto facility. XNDU reports a $32.2 million Q3 net loss despite 32% revenue growth to $1.3 million. Research expenses jump 67% to $25.6 million as Xanadu expands quantum development. Xanadu ends September with $286.5 million in cash amid higher quarterly costs. AMD collaboration supports [...]

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