Nvidia's NVentures Invests €100M in Alice & Bob's Series B Funding
- Strategic Investment: Nvidia's venture division, NVentures, has participated in Alice & Bob's €100 million Series B funding round, with undisclosed investment amounts, indicating Nvidia's commitment to enhancing its role in future computing infrastructure within the quantum computing sector.
- Technical Collaboration: Alice & Bob focuses on 'cat qubit' technology aimed at addressing error correction in quantum computing, and since 2024, Nvidia has established a strategic partnership leveraging platforms like CUDA-Q and cuQuantum to advance practical applications of quantum technology.
- Policy Context: This investment coincides with the U.S. government's pledge to inject $2 billion into nine quantum technology firms, reflecting Nvidia's alignment with national policy goals while pursuing its independent corporate strategy to maintain technological superiority.
- Market Outlook: Although quantum computing technology is years away from commercial viability, Nvidia's investment signals its ambition to establish a foundational role in quantum computing infrastructure, with analysts projecting a 12-month price target of $299.97, suggesting a potential upside of approximately 36.6%.
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Technical Analysis for ALICE
Technical Sentiment Analysis for MyNeighborAlice (ALICE). As of , MyNeighborAlice (ALICE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ALICE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ALICE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
MyNeighborAlice (ALICE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0883 | 0.101 | 0.112 | 0.125 | 0.136 | 0.149 | 0.16 |
| Fibonacci | 0.101 | 0.11 | 0.116 | 0.125 | 0.134 | 0.14 | 0.149 |
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