About Rigetti Computing, Inc. - Common stock (RGTI)
Rigetti Computing is a pioneering technology company that specializes in quantum computing, focusing on developing advanced quantum processors and software solutions. The company aims to harness the unique capabilities of quantum mechanics to solve complex computational problems that are beyond the reach of classical computers. Through its cloud-based platform, Rigetti provides access to its quantum computers, enabling researchers, developers, and businesses to explore applications in areas such as cryptography, optimization, and material science. By pushing the boundaries of quantum technologies, Rigetti is contributing to the evolution of computing and the potential transformation of various industries. Read More
Rigetti Computing, Inc. shares slid amid market turbulence due to rising Treasury yields. They announced a strategic collaboration with India's C-DAC to co-develop hybrid quantum computing systems for government labs and academic institutions.
BERKELEY, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has signed a Memorandum of Understanding (MOU) with the Centre for Development of Advanced Computing (C-DAC), India’s premier R&D organization of the Ministry of Electronics and Information Technology. Through this MOU, Rigetti and C-DAC will explore the co-development of hybrid quantum computing systems to support government laboratories and academics pursuing quantum computing R&D.
This quantum computing pioneer trades at 670 times trailing sales while generating $1.8 million in quarterly revenue and burning nearly $40 million per quarter.
Investors are captivated by shifts in the tech sector. Cramer's insights highlight stock movements. Opendoor is a meme stock. CEO stepped down. New collaborations for Rigetti Computing.
2025 is marking a pivotal shift in the technology landscape, as the sector's performance begins to broaden significantly beyond the concentrated gains of the "Magnificent 7" mega-cap stocks – Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ:
Rigetti and Montana State University have signed a Memorandum of Understanding to advance quantum computing research and innovation. Today marks the opening of Montana State University’s QCORE, where a Rigetti Novera QPU is installed and will be available to researchers.
