Rigetti announced that it has achieved its mid-year performance milestone of 99.5% median two-qubit gate fidelity on its modular 36-qubit system, a 2x reduction in median two-qubit gate error rate from Rigetti’s previous best results on its 84-qubit single chip Ankaa™-3 system.
Rigetti and Quanta aim to speed up quantum commercialization
Quantum computer developer Rigetti and Taiwan-based server manufacturer Quanta Computer plan to spend a combined $500 million to accelerate development and commercialization of superconducting quantum computing. Rigetti's CEO Subodh Kulkarni joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology."
Rigetti Computing announces strategic collaboration agreement with Quanta Computer to accelerate development and commercialization of superconducting quantum computing
Rigetti today announced that it has entered into a strategic collaboration agreement with Quanta Computer Inc., a Taiwan-based Global Fortune 500 company and the global leader of computer server manufacturing, to accelerate the development and commercialization of superconducting quantum computing.
Rigetti Computing to report fourth quarter 2024 financial results and host conference call on March 5, 2025
Rigetti Computing, Inc. announced today that it will release fourth quarter 2024 results on March 5, 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.
Research from QphoX, Rigetti, and Qblox demonstrating optical readout technique for superconducting qubits published in Nature Physics
QphoX B.V., a Dutch quantum technology startup that is developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc., a pioneer in full-stack quantum-classical computing, and Qblox, a leading innovator in quantum control stack development, today announced that their joint research demonstrating the ability to readout superconducting qubits with an optical transducer was published in Nature Physics.
Rigetti CEO Dr. Subodh Kulkarni Opening Bid podcast interview
Yahoo Finance Executive Editor Brian Sozzi speaks with Rigetti CEO Dr. Subodh Kulkarni about our approach to scaling quantum computers, our roadmap, and how we work closely with our partners to advance the technology.
Ankaa-3 features a broad hardware redesign enabling superior performance. Enhancements across the technology stack include a new cryogenic hardware design, an overhaul of the qubit circuit layout, precise qubit frequency targeting with Alternating-Bias Assisted Annealing, and flexible gate architecture with precise controls. Ankaa-3 has achieved a 99.5% median two-qubit gate fidelity.
Quantum Machines and Rigetti announce successful AI-powered calibration of a quantum computer
Quantum Machines and Rigetti Computing today announced the successful application of AI to automate the calibration of a quantum computer. The work was completed as part of the “AI for Quantum Calibration Challenge” that was jointly issued by Rigetti and Quantum Machines and hosted at the Israeli Quantum Computing Center.
A ‘quantum rose’ for the 21st century: Oksana Kondratyeva on her stained-glass art inspired by a quantum computer
Stained glass has been used for centuries to create wonderful colours and patterns using light. Oksana Kondratyeva describes how she has worked with Rigetti Computing to make an unusual new quantum-inspired piece of stained-glass art
Rigetti Computing announces pricing of $100 million registered direct offering of common stock priced at-the-market under Nasdaq rules
Rigetti today announced that it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 50,000,000 shares of the Company’s common stock, par value $0.0001 per share, at a purchase price of $2.00 per share, pursuant to a registered direct offering priced at-the-market under Nasdaq rules, resulting in gross proceeds of approximately $100 million, before deducting placement agent commissions and other offering expenses.
Rigetti announces successful completion of $100 million at-the-market equity offering
Rigetti today announced that it has successfully completed sales of $100 million gross proceeds of its common stock pursuant to its previously disclosed "at-the-market" equity offering program since the commencement of the ATM Program in March 2024.