Rigetti Computing

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

Retrieved on: 
Thursday, January 4, 2024
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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
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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
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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.

QC Ware Announces 7th Installment of Annual Q2B Conference

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Wednesday, November 15, 2023
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PALO ALTO, Calif., Nov. 15, 2023 /PRNewswire/ -- QC Ware, a premier quantum and quantum-inspired software and services company, today unveiled the Silicon Valley edition of its annual Q2B Conference: The Roadmap to Quantum Value.

Key Points: 
  • PALO ALTO, Calif., Nov. 15, 2023 /PRNewswire/ -- QC Ware, a premier quantum and quantum-inspired software and services company, today unveiled the Silicon Valley edition of its annual Q2B Conference: The Roadmap to Quantum Value.
  • Now in its 7th year - the global pinnacle for the quantum computing community - is scheduled to unfold in-person at the Santa Clara Convention Center from December 5-7, 2023.
  • QC Ware announces 7th installment of annual quantum computing conference.
  • This year places a heightened emphasis on showcasing customer success stories in areas such as machine learning, optimization, and simulation.

Advances in Quantum Computing Pave the Way to Next Generation Quantum Optimization Algorithms

Retrieved on: 
Tuesday, November 14, 2023
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This research is part of the DARPA Optimization with Noisy Intermediate Scale Quantum (ONISQ) program -- awarded to USRA in 2019 to direct a tight scientific collaboration between USRA, NASA and Rigetti Computing.

Key Points: 
  • This research is part of the DARPA Optimization with Noisy Intermediate Scale Quantum (ONISQ) program -- awarded to USRA in 2019 to direct a tight scientific collaboration between USRA, NASA and Rigetti Computing.
  • The work is focused on developing fundamental advances of quantum optimization methods that will be impacting the U.S. military capabilities in the future.
  • Noise in quantum hardware has been a persistent problem and to mitigate this issue the researchers introduced an innovative quantum algorithm, inspired by and building on recent advances in the field of quantum hybrid optimization.
  • The results were recently published in the paper "Quantum-Enhanced Greedy Combinatorial Optimization Solver" in Science Advances.

Rigetti Computing Awarded Innovate UK Grant to Enhance Quantum Machine Learning Methods for Anti-Money Laundering Detection

Retrieved on: 
Wednesday, November 1, 2023
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Joining Rigetti in this work is HSBC, the Quantum Software Lab (QSL) based at the University of Edinburgh, and the National Quantum Computing Centre (NQCC).

Key Points: 
  • Joining Rigetti in this work is HSBC, the Quantum Software Lab (QSL) based at the University of Edinburgh, and the National Quantum Computing Centre (NQCC).
  • Together, the consortium aims to enhance existing anti-money laundering techniques by using quantum machine learning techniques with the goal of improving the performance of current-state-of-the-art machine learning algorithms.
  • Quantum computing has the potential to enhance existing classical computing workflows, and in turn could offer improved machine learning methods.
  • In this work, the consortium will aim to extend current anomaly detection quantum machine learning models to detect anomalous behavior indicating money laundering.

Rigetti Computing Appoints Thomas J. Iannotti as Chairman of the Board of Directors

Retrieved on: 
Tuesday, October 31, 2023
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BERKELEY, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has appointed Thomas J. Iannotti as Chairman of the Board of Directors, effective immediately.

Key Points: 
  • BERKELEY, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has appointed Thomas J. Iannotti as Chairman of the Board of Directors, effective immediately.
  • Mr. Iannotti succeeds Cathy McCarthy in the role of Chair, with Ms. McCarthy continuing to serve as a member of the Board of Directors.
  • Mr. Iannotti currently serves as Chairman of the Board of Directors at Applied Materials, Inc., a role which he has held since 2017.
  • I am thrilled to join Rigetti’s Board of Directors as Chairman, and to support the Company as it continues to advance superconducting quantum computing.

Rigetti Computing to Report Third Quarter 2023 Financial Results and Host Conference Call on November 9, 2023

Retrieved on: 
Thursday, October 26, 2023
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BERKELEY, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release third quarter 2023 results on Thursday, November 9, 2023, after market close.

Key Points: 
  • BERKELEY, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release third quarter 2023 results on Thursday, November 9, 2023, 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 Awarded DARPA IMPAQT Contract to Advance Quantum Algorithms for Solving Combinatorial Optimization Problems

Retrieved on: 
Tuesday, October 3, 2023
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BERKELEY, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded a Defense Advanced Research Projects Agency (DARPA) project as part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) program to advance the state-of-the-art in quantum algorithms for solving combinatorial optimization problems.

Key Points: 
  • BERKELEY, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded a Defense Advanced Research Projects Agency (DARPA) project as part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) program to advance the state-of-the-art in quantum algorithms for solving combinatorial optimization problems.
  • Current quantum algorithms are limited in the size of the problems they can solve by the available number of qubits on a QPU.
  • In partnership with NASA and USRA, Rigetti is implementing hybrid quantum classical algorithms for solving binary optimization problems by mapping these problems to quantum processors at increasing scales.
  • Novel algorithms that solve hard combinatorial optimization problems could have a profound impact on supply chains, logistics, and other industries with complex operations.

Rigetti Computing Awarded Five-Year Contract with Air Force Research Lab for Quantum Foundry Services

Retrieved on: 
Tuesday, September 19, 2023
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BERKELEY, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti'' or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with the Air Force Research Lab (AFRL) Information Directorate to supply its researchers with quantum foundry services.

Key Points: 
  • BERKELEY, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti'' or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with the Air Force Research Lab (AFRL) Information Directorate to supply its researchers with quantum foundry services.
  • This contract allows AFRL to leverage Rigetti’s fabrication and manufacturing capabilities to build customized quantum systems.
  • Within the scope of the contract, Rigetti will be able to provide quantum integrated circuits (QuICs), quantum-limited amplifiers, cryogenic microwave components, and 9Q QPUs.
  • This contract builds on the existing relationship between Rigetti and AFRL to harness the Company’s fabrication capabilities for quantum networking hardware research and development.