Rigetti Axes 28% Staff as Quantum Computing Companies Face Financial Pressure

February 13, 2023

The axe has come down on quantum computing firm Rigetti, which laid off 28 percent of its staff on Monday. The company also switched to a more conservative p Read more…

Quantum Computing Firm Rigetti Faces Delisting

February 3, 2023

Quantum computing companies are seeing their market caps crumble as investors patiently await out the winner-take-all approach to technology development. Quantum computing firms such as Rigetti Computing, IonQ and D-Wave went public through mergers with blank-check companies in the last two years, with valuations at the time of well over $1 billion. Now the market capitalization of these companies are less than half... Read more…

Rigetti Readies Ankaa and Lyra Quantum Processors for 2023, Says Quantum Advantage Close

September 16, 2022

Full-stack quantum computing startup Rigetti announced a number of new partnerships and strategic updates at its inaugural investor day meeting, held in-person Read more…

Quantum Bits: Rigetti Opens Access to Aspen-M; JPMorgan’s New QKD; Classiq Nets $33M, More

February 17, 2022

It’s been a busy week in quantum computing. Rigetti began providing much wider access to its 80-qubit system (Aspen-M), announced a collaboration with Nasdaq to develop FS apps, and struck a deal with Arm-based chip supplier Ampere to develop hybrid classical-quantum platforms. Elsewhere, JPMorgan Chase, Toshiba, and Ciena reported successfully... Read more…

Braket: Amazon’s Cloud-First Quantum Environment Is Generally Available

August 13, 2020

Amazon’s managed quantum computing service, Braket, is now generally available, providing budding and expert quantum computing developers alike an environment to test algorithms and tools and try out different quantum hardware. The strength of the service is that it enables scientists, researchers, and developers... Read more…

Rigetti (and Others) Pursuit of Quantum Advantage

September 11, 2018

Remember ‘quantum supremacy’, the much-touted but little-loved idea that the age of quantum computing would be signaled when quantum computers could tackle Read more…

Rigetti Launches Quantum Cloud Services, Announces $1Million Challenge

September 7, 2018

Quantum computing pioneer Rigetti Computing today launched Rigetti Quantum Cloud Services (QCS) – a complete platform for developing and running quantum algor Read more…

Rigetti Eyes Scaling with 128-Qubit Architecture

August 10, 2018

Rigetti Computing plans to build a 128-qubit quantum computer based on an equivalent quantum processor that leverages emerging hybrid computing algorithms used to test programs and potential applications. Founded in 2013 and based in Berkeley, Calif., Rigetti bills itself as “a full-stack quantum computing company.” Read more…

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