Thread regarding VMware layoffs

“Broadcom does not invest in moon shots” - Hock Tan

Certainly something else is going on here.

This is probably part the settlement deal that allowed cal tech to drop their lawsuit against Broadcom for patent infringement. Court found Broadcom in violation of Caltechs patents and ordered BC to pay $270 mill. They appealed. The case got privately settled and prolly this $ from BC is paying for Caltechs quantum interests. I’m guessing.

This money has nothing to do with the case settlement lol. BC wants to hop in the Quantum computing space and has R&D money to throw at it. Just like they did with the wifi chips with cal tech. Nothing any different. This is huge for BC. I don’t think anyone understands how crazy this partnership is.
“The partnership, supported with a significant investment from Broadcom, will establish the Broadcom Quantum Laboratory at Caltech, a physical collaboration space that will bring together experts in the fields of quantum computing, quantum sensing, quantum measurement, and quantum engineering. Broadcom's investment will support joint programming and research to accelerate discovery.
Additionally, over the next five years, Broadcom and Caltech have agreed to host an annual symposium where scientists and engineers from both organizations will explore areas of mutual interest and future development opportunities in relevant fields.
"Developing deep connections to technology leaders like
Broadcom amplifies the power of the science and engineering that Caltech can accomplish," says Caltech President Thomas F. Rosenbaum, the Sonja and William Davidow Presidential Chair and professor of physics. "We share a belief in the transformative potential of quantum discoveries across the disciplines and welcome this new partnership."
"Broadcom is thrilled to partner with Caltech to launch this critical R&D initiative on quantum computing. As a world-class leader in science and engineering research, Caltech has a long and rich history of technology innovation," says Hock Tan, President and CEO of Broadcom." This multi-year investment and engineering collaboration reinforces our continued commitment to supporting advanced R&D and represents our relentless pursuit of innovation to connect our customers, employees and communities worldwide."

This is probably part the settlement deal that allowed cal tech to drop their lawsuit against Broadcom for patent infringement. Court found Broadcom in violation of Caltechs patents and ordered BC to pay $270 mill. They appealed. The case got privately settled and prolly this $ from BC is paying for Caltechs quantum interests. I’m guessing.