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Rigetti Computing, ticker symbol RGTI, announced the public availability of its 84-qubit Ankaa-2 quantum system via Rigetti Quantum Cloud Services. The system achieved a 98% median 2-qubit fidelity, marking a 2.5x performance improvement compared to previous QPUs.
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5.26%
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Rigetti Computing, Inc. (Nasdaq: RGTI) announced the launch of its Novera QPU, a 9-qubit quantum processing unit based on the Company’s fourth generation Ankaa-class architecture featuring tunable couplers and a square lattice for denser connectivity and fast 2-qubit operations. The Novera QPU is manufactured in Rigetti’s Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. It includes a 9-qubit chip with a 3x3 array of tunable transmons, a 5-qubit chip for testing single-qubit operations, and various components below the mixing chamber plate of a dilution refrigerator. The Novera QPU is designed to be integrated with commercially available dilution refrigerators and control systems, available for order at rigetti.com/novera starting at $900,000 and ships within 4-6 weeks after the order is confirmed and shipping and logistics are finalized.
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Rigetti Computing, Inc. (RGTI) awarded Phase 2 of DARPA Quantum Benchmarking Program worth up to $1.5 million. The company aims to develop benchmarks for quantum application performance on large-scale quantum computers, collaborating with University of Technology Sydney, Aalto University, and University of Southern California. Phase 2 completion in March 2025.
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Rigetti Computing, Inc. (Nasdaq: RGTI) announced its Q3 2023 financial results, including $3.1 million in total revenues and $22.2 million in net loss. The company expanded its QPU customer base and was awarded contracts for quantum foundry services and quantum algorithm development. Rigetti continues to work on its fourth generation chip architecture to support its anticipated Ankaa-2 84-qubit system, with a conference call scheduled for later today to discuss the results.
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Rigetti UK Limited, in collaboration with HSBC, the Quantum Software Lab, and the National Quantum Computing Centre, has been awarded an Innovate UK grant to improve quantum algorithms for anomaly detection in financial crime. The consortium aims to enhance anti-money laundering techniques using quantum machine learning to detect and prevent money laundering. The project will also strengthen the UK quantum ecosystem and HSBC's services.
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Rigetti Computing appoints Thomas J. Iannotti as Chairman of the Board of Directors, replacing Cathy McCarthy. Mr. Iannotti brings extensive leadership experience in the technology and computing industries, currently serving as Chairman of the Board of Directors at Applied Materials, Inc. Rigetti believes his background will be an asset to the company as it continues to advance superconducting quantum computing.
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Rigetti Computing, Inc. will release its third quarter 2023 results on November 9, 2023. The Company will host a conference call to discuss financial results and business operations.
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Rigetti Computing awarded DARPA project to advance quantum algorithms for solving optimization problems
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-7.75%
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Rigetti Computing awarded a 5-year contract with AFRL for quantum foundry services
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0.56%
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Rigetti Computing announces Q2 financial results with $3.3M revenues and $17M net loss. Completes first QPU sale to a national lab. Signs collaboration agreement with ADIA Lab. On-track to reach technology milestones. Cash, cash equivalents, and available-for-sale securities at $105.5M as of June 30, 2023. Expects $65-$75M at the end of 2023.
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39.02%
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Rigetti Computing, Inc.
Nasdaq:RGTI
RGTI Rankings
RGTI Stock Data
209.74M
129.41M
4.91%
38.46%
10.62%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
BERKELEY
About RGTI
rigetti quantum computing is a y combinator and venture-backed team of scientists and engineers developing the world's first general-purpose quantum supercomputing systems to solve humanity's greatest computational challenges. the company is based in berkeley, ca