Reported 1 day ago
Rigetti Computing (NASDAQ:RGTI) saw its stock surge by 40.89%, closing at $17.16, following the announcement of a key milestone that halved its error rate. The company's modular 36-qubit system achieved a median two-qubit gate fidelity of 99.5%, marking significant progress toward the development of a 100+ qubit chiplet-based system. Rigetti is set to launch this new system on August 15 and aims to reach similar fidelity levels before year-end.
Source: YAHOO