Why Are Rigetti Computing Shares Surging On Monday?

Quick Summary:

The system introduces a redesigned hardware architecture that delivers improved performance, achieving significant milestones in two-qubit gate fidelity – 99.0% median fidelity for iSWAP gates and 99.5% for fSim gates, with error rates halved in 2024.

Ankaa-3 is accessible through Rigetti Quantum Cloud Services (QCS®) and will be available on Amazon Braket and Microsoft Azure in the first quarter of 2025.

Rigetti Computing, Inc.(NASDAQ:RGTI) shares are surging after the company disclosed that it had launched 84-qubit Ankaa-3 quantum computer.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Lekha Gupta

Category: Technology

Markets: United States

Topics: Movers SPRX News Top Stories Benzinga Tech Briefs Why it's moving Mid Cap RGTI AI Generated Equities QTUM

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 17:34:48 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24603260

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 25 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions