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Constellation Insights
January 14, 2026

Quantinuum preps IPO

Quantinuum will file for an initial public offering. The quantum computing company will confidentially file its S-1 with the Securities and Exchange Commission to offer shares.

Constellation Orbits
January 12, 2026

Fiduciary Duty in the Gray Zone: What Boards Must Know About Converging Geopolitical and Technology Risks

While Davos leaders debate cooperation in contested worlds, corporate Boards face an urgent reality: Advanced Persistent Threats are exploiting hardware vulnerabilities with 15-year systematic campaigns, fragmented AI policies across 50 U.S. states are creating competitive asymmetries that favor unified adversaries, and gray zone conflicts have made your company a target in ways your quarterly risk reports will never detect. For corporate Boards, fiduciary duty now extends into the gray zone, requiring shifts from reactive risk management to proactive strategic foresight that treats cybersecurity, AI governance, and geopolitical risk as inseparable dimensions of corporate strategy. The question is no longer whether your organization will be targeted, but whether your Board understands that traditional governance frameworks are insufficient when facing adaptive, intelligent adversaries in rapidly changing environments.

Constellation Insights
January 11, 2026

Why enterprise AI leaders need to bank on open-source LLMs

Nvidia, which is quickly becoming the champion of AI open-source models in the US, argues that open AI models are roughly six months behind more expensive proprietary frontier models. If that's the case, CxOs should base nearly all of their AI plans around open-source models.