Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.

Rigetti Computing, Inc.

Rigetti Computing is building the world’s most powerful computers to help solve humanity’s most pressing and important problems. These systems will perform computations that today’s fastest supercomputers are incapable of — unlocking entirely new classes of problems and offering a direct path to solutions. We believe quantum computing is going to significantly affect health care, how we treat disease, how we generate energy, and how we feed humanity. Our superconducting quantum computing systems are available over the cloud via Rigetti Quantum Cloud Services. 

We were founded in 2013 by Chad Rigetti. We are located in Berkeley and Fremont, California, and have employees based all over the world.


Small Business Research Initiative

Bessemer Venture Partners

In-Q-Tel

Alumni Ventures

Ampere Computing

Keysight Technologies

T. Rowe Price

Franklin Templeton

Palantir Technologies

Seabed VC

Streamlined Ventures

Morpheus Ventures

DCVC

EDBI

Northgate Capital

Rigetti Computing

Today we are thrilled to introduce the Novera™ QPU, the first commercially available QPU from Rigetti. Based on our fourth generation Ankaa™-class architecture, the Novera QPU features tunable couplers and a square lattice for denser connectivity and fast 2-qubit operations. The Novera QPU is manufactured in Rigetti’s Fab-1 and includes all of the hardware below the mixing chamber plate of a dilution refrigerator. Advance your quantum research with hands-on access to the same technology we use in our most powerful QPUs. The Novera QPU is now available to order at rigetti.com/novera.

Learn more about the Novera QPU in our press release: https://lnkd.in/dAKii9Tw

We are thrilled to announce that alongside Amazon Web Services (AWS), Imperial College London, and Standard Chartered, we were awarded an Innovate UK grant to develop quantum machine learning techniques designed to enable financial institutions to more effectively process, interpret, and make decisions with complex data streams. 

Financial institutions need to continuously interpret complex data streams to extract information necessary for providing many services, including accurate credit risk evaluation and predicting emissions in the context of green finance. Classical machine learning techniques used to assist and provide insights to these services have limitations as these data streams are, in general, complex. Combining quantum computing with classical machine learning methodology could offer more powerful resources for processing these data streams, given the potential for quantum computers to process some types of information more efficiently than with classical resources alone. 

🚀 Rigetti’s 84-qubit Ankaa™-2 system is now available to all Microsoft Azure Quantum users to develop and run quantum applications! The Ankaa-2 system is based on our fourth generation chip architecture that features tunable couplers and a square lattice, enabling high fidelity 2-qubit operations. Get started today: https://lnkd.in/gg2PUZ5E

⚛ The Ankaa-2 system is Rigetti’s highest qubit count QPU available to the public and has achieved a 98% median 2-qubit fidelity, a 2.5x performance improvement compared to Rigetti’s previous QPUs: https://lnkd.in/gXKkeDpv 

Our 84-qubit Ankaa™-2 system is now commercially available to all of our customers via Rigetti Quantum Cloud Services (QCS™). We are also excited to announce that the Ankaa-2 system has achieved a 98% median 2-qubit fidelity, a 2.5x improvement compared to our previous QPUs. 

The public launch of the Ankaa-2 system follows the release of the Novera™ QPU, our first commercially available QPU, which is based on the same Ankaa-class architecture and designed for hands-on access to state-of-the-art quantum hardware for foundational quantum computing R&D. 

	Jan '20	Jan '21	Dec '21	Dec '22	Dec '23
account payables	3.10M -	1.11M 64.29%	1.97M 77.90%	1.94M 1.67%	5.77M 197.83%
accumulated other comprehensive income loss	-15.31K -	56.83K 471.14%	51.81K 8.82%	-161K 410.72%	244K 251.55%
cash and cash equivalents	308.71K -	22.20M 7,092.06%	11.73M 47.17%	57.89M 393.57%	21.39M 63.05%
cash and short term investments	308.71K -	22.20M 7,092.06%	11.73M 47.17%	142.81M 1,117.64%	99.93M 30.03%
common stock	8 -	21 162.50%	23 9.52%	12K 52,073.91%	14K 16.67%
deferred revenue	1.85M -	491.83K 73.42%	984.98K 100.27%	961K 2.43%	343K 64.31%
deferred revenue non current
deferrred tax liabilities non current
goodwill	5.38M -	5.38M 0%	5.38M 0%
goodwill and intangible assets	5.38M -	5.38M 0%	5.38M 0%
intangible assets
inventory			4.56M -	2.97M 34.90%
long term debt			23.50M -	28.49M 21.24%	9.89M 65.28%
long term investments			345.02M -
net debt	26.58M -	-22.20M 183.52%	13.06M 158.83%	-18.75M 243.52%	9.17M 148.93%
net receivables	188.97K -	479.37K 153.67%	1.54M 221.78%	6.24M 304.20%	5.03M 19.34%
other assets
other current assets	1.13M -	1.04M 8.04%	235.40K 77.27%	2.45M 940.79%	2.71M 10.57%
other current liabilities	2.96M -	1.60M 45.78%	4.04M 151.71%	8.21M 103.31%	8.56M 4.36%
other liabilities
other non current assets	444.25K -	446.50K 0.51%	481.48K 7.83%	129K 73.21%	129K 0%
other non current liabilities	121.10M -	81.90M 32.36%	86.17M 5.21%	2.97M 96.55%	11.38M 282.74%
othertotal stockholders equity	14.36M -	133.41M 828.70%	135.55M 1.61%	225.58M 66.42%	463.09M 105.29%
preferred stock				203.44M -
property plant equipment net	20.04M -	20.14M 0.50%	22.50M 11.70%	48.85M 117.12%	52.12M 6.70%
retained earnings	-142.76M -	-168.89M 18.30%	-207.13M 22.64%	-278.65M 34.53%	-353.76M 26.95%
short term debt	26.89M -		1.29M -	10.65M 725.08%	14.37M 34.99%
short term investments				84.92M -	78.54M 7.52%
tax assets			-345.02M -
tax payables		451.55K -	570.85K 26.42%	1.16M 103.38%	2.04M 75.62%
total assets	27.49M -	49.68M 80.76%	46.43M 6.55%	203.44M 338.20%	159.91M 21.40%
total current assets	1.62M -	23.72M 1,360.45%	18.07M 23.81%	154.47M 754.82%	107.67M 30.30%
total current liabilities	34.80M -	3.20M 90.80%	8.28M 158.57%	21.75M 162.64%	29.05M 33.56%
total debt	26.89M -		24.79M -	39.14M 57.88%	30.57M 21.91%
total investments			345.02M -	84.92M 75.39%	78.54M 7.52%
total liabilities	155.90M -	85.11M 45.41%	117.96M 38.60%	53.22M 54.88%	50.33M 5.44%
total liabilities and stockholders equity	27.49M -	49.68M 80.76%	46.43M 6.55%	203.44M 338.20%	159.91M 21.40%
total non current assets	25.86M -	25.96M 0.40%	28.36M 9.21%	48.98M 72.71%	52.25M 6.68%
total non current liabilities	121.10M -	81.90M 32.36%	109.67M 33.90%	31.47M 71.31%	21.27M 32.39%
total stockholders equity	-128.41M -	-35.43M 72.41%	-71.53M 101.91%	150.22M 310.02%	109.59M 27.05%

COM:RIGETTI

Rigetti Computing, Inc.

Last Close

1.48

22/11 21:00

Market Cap

185.67M

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93.67M

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