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.