It seems like the tech world can’t stop talking about DeepSeek. So, this was the last time the industry disruptor’s name was mentioned in this piece.
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While everyone is fixated on this AI sensation, the quantum computing sector continues to make strides that could shape the future of technology. Let’s explore how the dominant quantum computing players keep the momentum going:
Rigetti Computing Is Reaching New Heights
Rigetti Computing (RGTI) is riding a wave of optimism with the launch of its 84-qubit Ankaa-3 system. This system boasts an impressive 99.5% median two-qubit gate fidelity, a crucial benchmark for scalable quantum computing. Rigetti also hints at developing higher-qubit systems and focusing on practical applications in machine learning and optimization.
On the stock market front, Rigetti has been on a rollercoaster ride, with the stock falling from $20 a share to $6 in 11 days, but now it sits at $12.99. However, RGTI stock is still considered a Strong Buy and scores an 8 on Tiprank’s Smart Score, meaning a positive outlook going forward. It’s also important to note that the market is volatile; quantum optimism is real, but it’s not immune to fluctuations.
IONQ Still Leads the Pack
IONQ (IONQ) continues to dominate the quantum space with its trapped-ion technology. Its goal is to build the first commercially viable quantum computer by the end of the decade. Its systems already show superior error rates and connectivity, positioning them as leaders in the race to quantum supremacy.
IONQ’s stock also suffered at the start of the year, losing almost 45% of its value. However, like RGTI, IonQ has since regained its strength and now stands at $39.33. This kind of volatility is expected until major breakthroughs are served. IONQ also scores 8 on Tipranks’ Smart Score, meaning an outperform and positive sentiment for the near-term future.
QUBT Is Still The Underdog
Quantum Computing Inc. (QUBT) might not be as well-known as its larger competitors, but it’s carving out a niche with its hybrid quantum-classical solutions. Its recent focus on quantum cybersecurity and optimization tools for finance has earned it a growing list of clients. While smaller in scale, the company’s strategy of targeting practical, near-term quantum applications seems promising.
Like its compatriots, QUBT’s stock has crashed since the start of 2025, falling from $18.76 to $6.52 in 11 days. For now, the stock sits at $10.17. On Tipranks’ Smart Score, QUBT scores an 8.
Google and SandboxAQ Presents a Strategic Partnership
The collaboration between Google Cloud (GOOGL) and SandboxAQ is making headlines. By making SandboxAQ’s large quantitative models (LQMs) available on Google Cloud, enterprises now have powerful tools for developing and deploying advanced models. This partnership is a win-win: Google enhances its quantum-adjacent portfolio while SandboxAQ expands its reach. This move is seen as another step forward in integrating quantum technologies into real-world workflows.
On Tipranks’ Smart Score, GOOGL stock scores a rating of 9.
The Quiet Revolution
While DeepSeek (couldn’t keep my promise, could I?) captures the headlines, the quantum computing sector is progressing steadily. From Rigetti’s technical advancements to IONQ’s dominance, QUBT’s strategic moves, and Google’s smart collaborations, the quantum sector proves that slow and steady wins the race. So, while everyone obsesses over the chip companies taking a blow to their ego, quantum companies are quietly building the future.