NasdaqCM:RGTISemiconductor
Rigetti’s India Quantum Win Offsets Setbacks And Shapes Valuation Story
Rigetti Computing (NasdaqCM:RGTI) secured its first major international order for a 108 qubit quantum system from India’s Centre for Development of Advanced Computing.
The order marks Rigetti’s entry into India’s high performance computing ecosystem and a new phase of commercial activity outside the U.S.
At the same time, the company did not advance in a key DARPA quantum program and has delayed new system launches, highlighting competitive pressure.
Rigetti Computing, a quantum computing...