An update from Rigetti Computing ( (RGTI) ) is now available.
On February 27, 2025, Rigetti Computing entered a strategic collaboration with Quanta Computer to accelerate the development and commercialization of superconducting quantum computing. Both companies committed to investing over $100 million each over five years, with Quanta also investing $35 million in Rigetti through a private placement. This collaboration aims to leverage Rigetti’s quantum technology and Quanta’s manufacturing capabilities to strengthen their position in the rapidly growing quantum computing market, expected to reach $1-2 billion annually by 2030.
More about Rigetti Computing
Rigetti Computing, Inc. is a pioneer in full-stack quantum computing, offering quantum computing services over the cloud since 2017. The company serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. Rigetti has developed the industry’s first multi-chip quantum processor and designs and manufactures its chips in-house at Fab-1, the first dedicated quantum device manufacturing facility.
YTD Price Performance: -59.85%
Average Trading Volume: 152,089,041
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.95B
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