About Rigetti Computing, Inc. - Common stock (RGTI)
Rigetti Computing is a pioneering technology company that specializes in quantum computing, focusing on developing advanced quantum processors and software solutions. The company aims to harness the unique capabilities of quantum mechanics to solve complex computational problems that are beyond the reach of classical computers. Through its cloud-based platform, Rigetti provides access to its quantum computers, enabling researchers, developers, and businesses to explore applications in areas such as cryptography, optimization, and material science. By pushing the boundaries of quantum technologies, Rigetti is contributing to the evolution of computing and the potential transformation of various industries. Read More
Rigetti Computing’s (NASDAQ:RGTI) stock has taken Wall Street by storm, skyrocketing after the company announced a significant breakthrough in quantum computing technology. Investors, analysts, and tech enthusiasts are watching closely as Rigetti’s latest milestone signals a potential new era for commercial quantum computing—and for the company’
Rigetti Computing’s 36-qubit system hit 99.5% accuracy, doubling the prior performance and moving the company closer to its goal of developing a 100+ qubit system by 2025.
BERKELEY, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today 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. Composed of four 9-qubit chips (“chiplets”) tiled together, the 36-qubit system is based on Rigetti’s proprietary modular chip technology and unlocks the Company’s path to building a 100+ qubit chiplet-based system. Rigetti plans to launch its 36-qubit system on August 15, and remains on track to release its 100+ qubit chiplet-based system at 99.5% median two-qubit gate fidelity before the end of 2025.
Quantum computing stocks have captured the attention of investors due to their immense potential and the considerable risks facing the emerging industry.
PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The quantum computing ecosystem is expanding, with an increasing number of startups entering the market. These startups are focusing on various aspects of quantum technology, from hardware and software to applications. Quantum computing is also disrupting and helping manage large drone fleets by optimizing resource allocation, scheduling, and communication, potentially enabling more coordinated and efficient operations. Furthermore, the quantum computing market is witnessing a surge in government and private sector investments. Governments are allocating substantial funds to quantum research and development to maintain a competitive edge in emerging technologies. A report from Grand View Research said that the global quantum computing market size was estimated at USD 1.42 billion in 2024 and is projected to reach USD 4.24 billion by 2030, growing at a CAGR of 20.5% from 2025 to 2030. The report said: “Quantum computing is still considered an emerging technology with significant potential. Unlike classical computers that use bits, quantum computers use quantum bits or qubits, which can represent both 0 and 1 simultaneously due to the principles of quantum mechanics. This makes quantum computers well-suited for specific types of complex calculations. Quantum computing has the potential to revolutionize various industries due to its unique and powerful computational capabilities, which arise from the principles of quantum mechanics. One of the most significant potential applications of quantum computing is in the field of cryptography. Quantum computers can efficiently solve certain mathematical problems that are currently the basis of modern encryption techniques.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Quantum Corporation (NASDAQ: QMCO), Rigetti Computing, Inc. (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), Super Micro Computer, Inc. (NASDAQ: SMCI).
