Rigetti Computing

Horizon Quantum Computing to Establish First-of-a-Kind Hardware Testbed

Retrieved on: 
Thursday, April 18, 2024

Horizon Quantum Computing, a company building software development tools for quantum computers, today announced that it is establishing a first-of-a-kind testbed for integrating quantum computing hardware with its software stack, Triple Alpha.

Key Points: 
  • Horizon Quantum Computing, a company building software development tools for quantum computers, today announced that it is establishing a first-of-a-kind testbed for integrating quantum computing hardware with its software stack, Triple Alpha.
  • View the full release here: https://www.businesswire.com/news/home/20240418068549/en/
    Illustration of Triple Alpha web-based IDE and compiler suite from Horizon Quantum Computing, along with backend server, integrated with a Novera™ quantum processor from Rigetti Computing and OPX1000, the processor-based quantum controller from Quantum Machines (Graphic: Business Wire)
    A key aspect of Horizon’s quantum computing testbed is its modular multi-vendor approach.
  • We are taking the step of creating this testbed because we believe that tight integration between hardware and software is the shortest path to truly useful quantum computing,” said Dr Joe Fitzsimons, Founder & CEO at Horizon Quantum Computing.
  • “We can’t wait to witness what the Horizon team accomplishes with a quantum computing system powered by the Novera QPU and Quantum Machines’ control system.”
    “We’re excited to partner with Horizon Quantum Computing and Rigetti Computing in this pioneering initiative.

Quantum Computing Market worth $5.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.

Key Points: 
  • Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.
  • The health and pharmaceutical segment to grow with the highest CAGR of the quantum computing market during the forecast period.
  • On-premises quantum computing is a type of quantum computing hosted on a company's hardware.
  • North America holds largest market size of the quantum computing market during the forecast period.

Quantum Computing Market worth $5.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.

Key Points: 
  • Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.
  • The health and pharmaceutical segment to grow with the highest CAGR of the quantum computing market during the forecast period.
  • On-premises quantum computing is a type of quantum computing hosted on a company's hardware.
  • North America holds largest market size of the quantum computing market during the forecast period.

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Company’s Ankaa-class architecture.
  • In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Company’s Ankaa™-class chip architecture.
  • ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

Rigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024

Retrieved on: 
Monday, March 4, 2024

BERKELEY, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2023 results on Thursday, March 14, 2024 after market close.

Key Points: 
  • BERKELEY, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2023 results on Thursday, March 14, 2024 after market close.
  • The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m.
  • A replay of the conference call will be available at the same locations following the conclusion of the call for one year.
  • If you register and forget your PIN, or lose the registration confirmation email, simply re-register to receive a new PIN.

Rigetti Computing Wins Innovate UK Competition to Deliver a 24-qubit Quantum Computing System to the National Quantum Computing Centre

Retrieved on: 
Monday, February 5, 2024

Rigetti proposes to deploy a 24-qubit quantum computer based on the Company’s fourth generation Ankaa™-class architecture.

Key Points: 
  • Rigetti proposes to deploy a 24-qubit quantum computer based on the Company’s fourth generation Ankaa™-class architecture.
  • The system will be deployed at NQCC’s Harwell Campus, which is due to open in 2024 and will serve as NQCC’s landmark facility to support world-class quantum computing research in the UK.
  • The proposed system will feature the hallmarks of Rigetti’s recently launched 84-qubit Ankaa-2 system, including tunable couplers and a square lattice.
  • This new chip architecture enables faster gate times, higher fidelity, and greater connectivity compared to Rigetti’s previous generations of quantum processing units (QPUs).

Rigetti Computing Awarded Innovate UK Grant to Develop Quantum Machine Learning Techniques for Financial Data Streams

Retrieved on: 
Thursday, January 11, 2024

LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition.

Key Points: 
  • LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition.
  • The consortium aims to use quantum computing to improve current classical machine learning techniques used by financial institutions to analyze complex data streams.
  • Classical machine learning techniques used to assist and provide insights to these services have limitations as these data streams are, in general, complex.
  • Combining quantum computing with classical machine learning methodology could offer more powerful resources for processing these data streams, given the potential for quantum computers to process some types of information more efficiently than with classical resources alone.

Rigetti Announces Public Availability of Ankaa-2 System with a 2.5x Performance Improvement Compared to Previous QPUs

Retrieved on: 
Thursday, January 4, 2024

BERKELEY, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that its 84-qubit Ankaa™-2 quantum system was made publicly available to all of its customers via Rigetti’s Quantum Cloud Services (QCS™) on December 20, 2023. The Ankaa-2 system is based on Rigetti’s fourth generation chip architecture that features tunable couplers and a square lattice, enabling high fidelity 2-qubit operations compared to the Company’s previous systems. Ankaa-2 is also the Company’s highest qubit count quantum processing unit (QPU) available to the public.

Key Points: 
  • The Company’s 84-qubit Ankaa™-2 system is now publicly available to all of its customers via Rigetti Quantum Cloud Services (QCS™).
  • The Ankaa-2 system has achieved a 98% median 2-qubit fidelity, a 2.5x performance improvement compared to the Company’s previous QPUs.
  • The Ankaa-2 system is based on Rigetti’s fourth generation chip architecture that features tunable couplers and a square lattice, enabling high fidelity 2-qubit operations compared to the Company’s previous systems.
  • “I am thrilled with the progress we are making with our Ankaa-class architecture against our QPU roadmap and qubit performance.

Rigetti Launches the Novera QPU, the Company’s First Commercially Available QPU

Retrieved on: 
Wednesday, December 6, 2023

The Novera QPU is manufactured in Rigetti’s Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility.

Key Points: 
  • The Novera QPU is manufactured in Rigetti’s Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility.
  • The Novera QPU includes all of the hardware below the mixing chamber plate (MXC) of a dilution refrigerator.
  • The Novera QPU is designed to be integrated with commercially available dilution refrigerators and control systems.
  • The Novera QPU is available to 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.

Rigetti Computing Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

BERKELEY, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BERKELEY, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the third quarter ended September 30, 2023.
  • In the third quarter of 2023 Rigetti expanded its QPU customer base with its delivery of a 9-qubit quantum processing unit (QPU) to another premier national laboratory.
  • In September 2023, Rigetti was awarded a DARPA IMPAQT contract to advance quantum algorithms for solving combinatorial optimization problems.
  • Additionally, in October 2023, Rigetti was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition.