Rigetti (RGTI) Stock Skyrockets 4,000% – Quantum Hype or Bubble?
Rigetti Computing, Inc. – Company Overview Rigetti Computing (NASDAQ: RGTI) is a full-stack superconducting quantum computing company based in Berkeley, CA (founded 2013 by physicist Chad Rigetti). It designs and builds its own quantum processors and integrates them into complete systems. Rigetti pioneered a “chiplet” approach – e.g. its new 36-qubit Cepheus-1 system is made of 4 linked chips, quadrupling its on-prem qubit count and greatly improving fidelity ts2.tech. It sells quantum computers both via the cloud and on-premise: for example, its Novera 9-qubit machines (launched 2023) are turnkey systems for enterprise or research labs ts2.tech. Rigetti’s platform (Forest/QCS) also