Rigetti Computing
American quantum computing company
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March 25 2025 | Rigetti Computing begins collaboration with NVIDIA's Quantum Computing Lab in Boston on cryptography technology research. |
July 2023 | Launched a single-chip 84 qubit quantum processor capable of scaling to even larger systems. |
December 2022 | Subodh Kulkarni became president and CEO of the company. |
March 2 2022 | Completed SPAC merger and began trading on NASDAQ under ticker symbol RGTI. |
October 2021 | Announced plans to go public via a SPAC merger, with an estimated valuation of around US$1.5 billion and potential additional funding of US$458 million. |
2017 | Advanced to testing eight-qubit quantum computers. |
June 2017 | Announced the release of Forest 1.0, a quantum computing platform designed to enable developers to create quantum algorithms. |
2016 | Raised Series A funding of US$24 million in a round led by Andreessen Horowitz. |
November 2016 | Secured Series B funding of $40 million in a round led by Vy Capital, with additional funding from Andreessen Horowitz and other investors. |
February 2016 | Rigetti created its first quantum processor, a three-qubit chip made using aluminum circuits on a silicon wafer. |
2014 | Rigetti Computing emerged from Y Combinator startup incubator and participated in The Alchemist Accelerator venture capital programme. |
2013 | Chad Rigetti founded Rigetti Computing, a quantum computing company emerging from a background in quantum computers at IBM. |
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