Rigetti Computing

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

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Rigetti Computing advances quantum systems amidst financial challenges and growth opportunities

Rigetti Computing progresses with advanced quantum systems, strong financial backing, and strategic partnerships, but faces challenges in scaling and financial performance.
Opportunities in government funding, research collaborations, and technological innovation offer avenues for growth and differentiation in the competitive quantum computing landscape.

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BERKELEY, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the Company is set to join the Russell 3000® Index ​​at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th.

Rigetti Computing Set to Join Russell 3000® Index

Rigetti Computing is a company developing full-stack quantum supercomputer services through its cloud-based platform, Forest. The company's stock has experienced disappointing performance since going public, losing 89% of its value, but has gained momentum YTD with a 16% increase. The recently launched Novera QPU partnership program should benefit Rigetti significantly, in my opinion, driving future QPU sales and advancing the quantum computing industry.

Rigetti Computing: Should Benefit Greatly From Novera Partnership Program

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Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?

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Rigetti Computing, Inc. (NASDAQ:RGTI ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeff Bertelsen - Chief Financial Officer David Rivas - Chief Technology Officer Conference Call Participants Neil Young - Needham & Company Brian Kinstlinger - Alliance Global Partners Operator Hello and welcome to the Rigetti Company First Quarter 2024 Financial Results Conference Call. [Operator Instructions] I would now like to turn the call over to Subodh Kulkarni.

Rigetti Computing, Inc. (RGTI) Q1 2024 Earnings Call Transcript

BERKELEY, Calif., May 09, 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 first quarter ended March 31, 2024.

Rigetti Computing Reports First Quarter 2024 Financial Results

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BERKELEY, Calif., April 30, 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 first quarter 2024 results on Thursday, May 9, 2024 after market close.

Rigetti Computing to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024

Quantum computing technology and applications across sectors are advancing rapidly; the market is predicted to grow over 32% from 2023 to 2030, attracting attention toward multibagger quantum computing stocks. Furthermore, industry developments such as IBM's (NYSE: IBM ) 433-qubit Osprey processor represent a substantial advancement in quantum computing, enabling complicated calculations beyond traditional computers.

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The Novera QPU Partner Program aims to enable high-performing, on-premises quantum computing by creating an ecosystem of quantum computing hardware, software, and service providers who build and offer integral components of a functional quantum computing system. Novera QPU customers can work with Novera QPU partners to build a quantum computer powered by the Novera QPU that satisfies their system requirements and quantum computing research objectives.

Rigetti Computing Launches the Novera™ QPU Partner Program

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In the closing of the recent trading day, Rigetti Computing, Inc. (RGTI) stood at $1.17, denoting a +1.74% change from the preceding trading day.

Why the Market Dipped But Rigetti Computing, Inc. (RGTI) Gained Today

BERKELEY, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announces the sale of a Novera™ quantum processing unit (QPU) to Horizon Quantum Computing.

Rigetti Computing Delivers Novera™ QPU to Horizon Quantum Computing for Singapore-Based Hardware Testbed

In the latest trading session, Rigetti Computing, Inc. (RGTI) closed at $1.17, marking a -0.85% move from the previous day.

Rigetti Computing, Inc. (RGTI) Suffers a Larger Drop Than the General Market: Key Insights

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