RGTI has been in the news 409% more than usual
Jan 09, 2025, 3:33 PM
27.99%
What does RGTI do
Rigetti Computing, based in Berkeley, California, offers quantum computing services via its Rigetti Quantum Cloud Services platform and has developed scalable multi-chip quantum processors. The company went public on March 2, 2021, and employs 134 full-time staff.
RGTI has been in the news recently: Rigetti Computing's stock dropped 45% following Nvidia CEO Jensen Huang's assertion that practical quantum computing is two decades away, which negatively affected the entire quantum stocks market. In contrast, D-Wave Quantum CEO Alan Baratz criticized Huang's views, highlighting that D-Wave's systems are already operational despite a recent 36% decline in their stock.
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