Rigetti Announces Deployment of 84-Qubit Ankaa-1, Targets Narrow Quantum Advantage https://thequantuminsider.com/?p=2357872 #Quantum_Computing_Business #Ankaa1 #Q2 #rigetti #second_quarter #Steve_Bierly #Subodh_Kulkarni #tunable_couplers #quantumdaily Insider Brief Rigetti announced the roll out its fourth-generation Ankaa-1 system. The 84-qubit system has been internally deployed and the company believes architectural approach offers potential for achieving narrow quantum advantage. Tunable co

Rigetti Sees Revenue Boost in Q4, May Need More Funds for R&D in Two Years https://thequantuminsider.com/?p=2351515 #Quantum_Computing_Business #Ankaa1 #Aspen_M3 #financial_results #rigetti #Rigetti_Computing #Subodh_Kulkarni #quantumdaily Insider Brief Rigetti’s numbers for 2022 Q4 include quarter revenues $6.1 million, compared to $1.8 million in 2021 Q4. Net loss for Q4 2022 hit $22.9 million, or $0.19 per share, compared to $14.1 million or $0.61 per share in 2021. Rigetti anticipates addit

Rigetti Lays Off 28 Percent of Staff, Focuses on Narrow Quantum Advantage https://thequantuminsider.com/?p=2350637 #Quantum_Computing_Business #Slider #Ankaa #David_Rivas #Jeffrey_Bertelsen #Mike_Harburn #Quantum_Cloud_Services #rigetti #Rigetti_Computing #Subodh_Kulkarni #quantumdaily Insider Brief Rigetti Computing announced updated business strategy, including staff cuts and technological roadmap changes. The company announced it is laying off about 28% of overall staff. Road map will focus

Subodh Kulkarni Takes Helm as President and CEO of Rigetti Computing https://thequantuminsider.com/?p=1652278 #Quantum_Computing_Business #Australia #CEO #Chad_Rigetti #executive #fullstack #rigetti #Rigetti_Computing #Subodh_Kulkarni #UK #US #quantumdaily Insider Brief Subodh Kulkarni will join the Company as President and Chief Executive Officer of Rigetti Computing. Kulkarni was recently President, CEO, and member of the Board of CyberOptics Corporation and began his career in research and m