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Shaires Holdings to Invest $15 Million in Enterprise AI Company SandboxAQ

MT Newswires·08/13/2026 05:45:01
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05:45 AM EDT, 08/13/2026 (MT Newswires) -- Shaires Holdings (SHR.L) agreed to invest $14.8 million in SandboxAQ, an enterprise artificial intelligence and quantum company, to secure a 0.11% stake in the latter. The London-listed investment company will settle the transaction through the issuance of 741,821 shares at $20 each, according to a Thursday release. SandboxAQ spun off from Alphabet (ABEA.F) in 2022.