SandboxAQ

SandboxAQ is an enterprise quantitative AI company that spun out of Alphabet in 2022 and builds products at the intersection of artificial intelligence and quantum-inspired techniques, with its Large Quantitative Models powering applications in cybersecurity, life sciences, financial services, and navigation. Its cybersecurity product, AQtive Guard, combines cryptographic posture management for post-quantum migration with AI security posture management and non-human identity protection for enterprises and government agencies. The company has raised more than $950 million since the spinout, including a Series E round of over $450 million in April 2025, and in June 2026 it signed a $500 million CHIPS research award under which the U.S. Department of Commerce takes a minority, non-voting equity stake. Eric Schmidt chairs the company and Jack Hidary is its CEO.