Rigetti and Riverlane Progress Towards Fault Tolerant Quantum Computing with Real-Time and Low Latency Error Correction on Rigetti QPU
Rigetti Computing, Inc. (RGTI)
Company Research
Source: GlobeNewswire
BERKELEY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rigetti (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, announced the successful demonstration of real-time and low latency quantum error correction on a Rigetti quantum computer. Fault tolerance is the point at which lengthy operations can execute without a single error, due to the application of quantum error correction. Reaching this stage, and in turn realizing the full potential of quantum computers, will require the co-development of quantum error correction and quantum computing technologies. Rigetti and Riverlane’s recent work demonstrating real-time and low-latency quantum error correction on Rigetti’s 84-qubit Ankaa™-2 system is an important step in our journey towards developing fault tolerant quantum computers. Among the quantum error correction resources being developed are classical algorithms that identify errors that occur during quantum computation. These classical algorithms are known as
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- Investors Heavily Search Rigetti Computing, Inc. (RGTI): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Analysts Just Made A Major Revision To Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Forecasts [Yahoo! Finance]Yahoo! Finance
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $2.50 price target on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its price target raised by analysts at B. Riley from $3.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $2.00 price target on the stock.MarketBeat
RGTI
Earnings
- 11/12/24 - In-Line
RGTI
Sec Filings
- 11/19/24 - Form SC
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- RGTI's page on the SEC website