Summary by Moomoo AI
Rigetti Computing, a company specializing in quantum computing, has reported a net loss of $33.2 million for the six months ended June 30, 2024, compared to a net loss of $40.3 million for the same period in the previous year. The company's revenue decreased by $0.2 million in the three months ended June 30, 2024, but increased by $0.6 million over the six-month period compared to the previous year. Rigetti has been focusing on development contracts and sales of Quantum Processing Units (QPUs) and Quantum Computing as a Service (QCaaS) products. Despite the losses, the company has made significant strides in its business development, launching the Ankaa 84-qubit Ankaa™-2 system and planning to improve QPU performance with the goal of reaching at least 99% 2-qubit gate fidelity...Show More
