Welcome to our dedicated page for Rigetti Computing news (Ticker: RGTIW), a resource for investors and traders seeking the latest updates and insights on Rigetti Computing stock.
The Rigetti Computing warrants (Nasdaq: RGTIW) are tied to Rigetti Computing, Inc. (RGTI), which regularly issues news about its progress in full-stack quantum computing and hybrid quantum-classical systems. News related to Rigetti covers developments in superconducting qubit technology, multi-chip quantum processors, cloud-delivered quantum computing, and on-premises quantum systems for research and development.
Company press releases describe milestones such as the general availability of Cepheus-1-36Q, a 36-qubit multi-chip quantum computer based on four 9-qubit chiplets, and roadmap updates for larger systems like the 108-qubit Cepheus-1-108Q. Rigetti also reports on performance metrics, including median two-qubit gate fidelities on its 9-, 36-, and 108-qubit systems, and on technology features such as chiplet-based architectures, faster two-qubit gates, and enhanced coupler designs.
Investors and researchers following RGTIW-related news will see announcements about on-premises Novera quantum computing systems, purchase orders from commercial and research customers, and deployments at institutions such as Montana State University’s QCORE and the Air Force Research Laboratory. News items also highlight collaborations and contracts, including a three-year AFRL contract with QphoX to advance superconducting quantum networking, a Memorandum of Understanding with India’s C-DAC to explore co-development of hybrid quantum computing systems, and Rigetti’s support for NVIDIA NVQLink for AI supercomputer–quantum integration.
In addition, Rigetti issues quarterly financial results, technology roadmap updates, and conference participation notices, giving context on its capital position, R&D focus, and engagement with the broader quantum ecosystem. For users tracking RGTIW, this news flow provides insight into the underlying company’s technology evolution, commercial activity, and strategic partnerships.
Rigetti Computing (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, has announced its plans to release second quarter 2024 financial results on Thursday, August 8, 2024 after market close. The company will host a conference call at 4:30 p.m. ET the same day to discuss the results and provide a business update.
Investors and interested parties can access the live audio webcast through the provided link or the company's Investor Relations website. For those who prefer to join via phone, a toll-free number is available. The conference call replay will be accessible for one year following the event.
Rigetti Computing (Nasdaq: RGTI) has announced that its CEO, Dr. Subodh Kulkarni, will deliver a keynote at SEMICON West 2024. The event will take place in San Francisco on July 10, 2024, at 10am PDT. Dr. Kulkarni's presentation, titled 'Superconducting Quantum Computing: Building on Decades of Semiconductor Innovation for Transformative Computational Power,' will explore the transformative potential of superconducting quantum computing. The keynote is part of SEMICON West's CEO Summit, which gathers leaders from the global electronics supply chain to discuss major opportunities and challenges in the semiconductor industry.
Rigetti Computing (NASDAQ: RGTI), a leader in hybrid quantum-classical computing, announced its upcoming inclusion in the Russell 3000® Index. This change becomes effective at the open of US equity markets on July 1, 2024. The annual Russell reconstitution captures the 4,000 largest US stocks by market capitalization. This membership will provide Rigetti increased visibility among investors and includes entry into either the Russell 1000® or Russell 2000® Index. CEO Dr. Subodh Kulkarni highlighted this as a significant milestone, underlining the company's progress in quantum technology. About $10.5 trillion in assets are benchmarked against the Russell US indexes, managed by FTSE Russell.
Rigetti Computing, Inc. reported its first quarter 2024 financial results, highlighting total revenues of $3.1 million, operating expenses of $18.1 million, and an operating loss of $16.6 million. The net loss was $20.8 million. The company raised $32.9 million in the first quarter. Rigetti achieved a 99.3% median 2-qubit gate fidelity and plans to launch a 84-qubit system by the end of the year. Novera QPU was sold to Horizon Quantum Computing, marking the company's entry into the Singapore quantum computing market. Rigetti also launched the Novera QPU Partner Program to support on-premises quantum computing ecosystem.
Rigetti Computing, Inc. will report its first quarter 2024 financial results on May 9, 2024, after market close. A conference call will be hosted to discuss the results and business operations on the same day at 5:00 p.m. ET. Details on how to access the call are provided.
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