Nvidia’s Venture Arm Invests in Honeywell’s Quantinuum (2)

Nvidia Corp.’s venture capital arm is investing in Quantinuum for the first time, valuing the quantum computing company controlled by Honeywell International Inc. at $10 billion.

Nvidia is the latest big-name backer to join the ranks of Quantinuum’s investor roster through a $600 million funding round, according to a statement on Thursday that confirmed an earlier Bloomberg News report.

Jensen Huang, Nvidia’s chief executive officer, this year reset his forecast for quantum computing, saying in June that the technology is reaching an inflection point and is becoming a practical computing technique sooner than previously expected.

Nvidia now ...