Rigetti Computing reports first quarter 2025 financial results
Rigetti Computing, Inc. today announced its financial results for the first quarter ended March 31, 2025.
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Rigetti Computing, Inc. today announced its financial results for the first quarter ended March 31, 2025.
GlobeNewswire Learn MoreRigetti Computing, Inc. announced today that Rigetti CEO, Dr. Subodh Kulkarni, will be participating in a fireside chat at the 20th Annual Needham Technology, Media & Consumer Conference on May 9, 2025.
GlobeNewswire Learn MoreQphoX, Rigetti Computing, and the NQCC announced that they have been awarded a multinational grant to perform readout of superconducting qubits using light transmitted over optical fiber.
GlobeNewswire Learn MoreRigetti announced today that it has closed the previously announced investment by Quanta Computer Inc. (“Quanta”, TWSE: 2382.TW) related to their strategic collaboration agreement. In connection with the closing, Quanta purchased approximately $35 million of shares of Rigetti common stock at approximately $11.59 per share.
GlobeNewswire Learn MoreRigetti will release first quarter 2025 results on May 12, 2025 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. ET the same day.
On the latest episode of After Earnings, we spoke with Rigetti CEO Dr. Subodh Kulkarni about quantum science and its applications today. He talked about how Rigetti tries to compete with the quantum computing R&D budgets of Big Tech players, the company's push towards a 100-qubit processor, and the promise of new breakthroughs.
After Earnings Learn MoreThe $5.48 million Rigetti-led consortium will include Iowa State University, the Royal Melbourne Institute of Technology, the University of Connecticut, and Lawrence Livermore National Laboratory. The project aims to develop a deeper understanding of how Rigetti’s novel chip fabrication process, Alternating-Bias Assisted Annealing (ABAA), reduces defects in superconducting qubits.
GlobeNewswire Learn MoreRigetti, in collaboration with Riverlane and the National Quantum Computing Centre (NQCC), has been selected as one of the winners of Innovate UK’s Quantum Missions pilot competition. Leveraging Rigetti’s quantum computer hosted at the NQCC, the £3.5 million Rigetti-led consortium aims to benchmark and enhance the quantum error correction capabilities of superconducting quantum computers — a requirement for achieving large-scale fault-tolerant quantum computing.
GlobeNewswire Learn MoreThe high-street bank HSBC has worked with the NQCC, hardware provider Rigetti and the Quantum Software Lab to investigate the advantages that quantum computing could offer for detecting the signs of fraud in transactional data.
Physics World Learn MoreRigetti Computing was among the companies chosen by the U.S. government to participate in a multi-year program assessing the viability of quantum computing.The Defense Advanced Research Projects Agency, a research arm of the U.S. Department of Defense, unveiled the 15 finalists for its Quantum Benchmarking Initiative on Thursday.
Barron's Learn MoreRigetti announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. Rigetti will advance to Stage A, a 6-month performance period focused on the Company’s utility-scale quantum computer concept worth up to $1 million upon completion of program milestones.
GlobeNewswire Learn MoreRigetti Computing's approach to quantum development says a lot about the company. It is grounded solidly in scientific research and iteration, and, most importantly, doesn’t want to get ahead of itself.
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