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I don't know anything more than is written in this press release, but there's precedent: https://www.innovationaus.com/inside-run-psiquantum-given-a-... > California-based startup …

Native Dutch speaker here. These days one doesn't capitalise the "u" except at the start of a sentence, however in older texts (40+ years?) it was usual to see the "U" pronoun capi…