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Rigetti, Quanta Partner on Superconducting Quantum Computing

  • Rigetti Computing and Quanta Computer have formed a strategic collaboration to accelerate the development and commercialization of superconducting quantum computing.
  • Both companies will invest over $100 million over the next five years, leveraging their respective strengths in the quantum computing market.
  • This collaboration aims to tap into the growing quantum computing market, which is projected to reach $1-2 billion annually by 2030.
  • While the quantum computing sector has faced market fluctuations, industry leaders argue that tangible results are already being delivered.

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