Business
The Archer (ASX:AXE) share price lifts on partnership deal
The Archer Materials Ltd (ASX: AXE) share price lifted today after the company announced a partnership agreement with Max Kelsen.
In early trade, the Archer share price reached an intraday high of 58.5 cents but has since retreated to 56 cents, up 3.7%, at the time of writing. In comparison, the All Ordinaries Index (ASX: XAO) is also higher, up 0.6% to 6,964 points.
What’s driving the Archer share price forward?
The Archer share price is on the move today following its collaboration with global leading artificial intelligence (AI) company, Max Kelsen. Archer advised that it will work with Max Kelsen to develop quantum algorithms for its CQ quantum computing processor (chip).
Max Kelsen is an established leader in the field of…
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