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Rigetti Computing history
Rigetti Computing company history timeline
Rigetti Computing was founded in 2013 by Chad Rigetti, a physicist who previously worked on quantum computers at IBM, and studied under noted Yale quantum scientist Michel Devoret.
The company also went through enterprise revenue-focused The Alchemist Accelerator in 2014.
The company emerged from startup incubator Y Combinator in 2014 as a so-called "spaceshot" company.
By February 2016, the company had begun testing a three-qubit (quantum bit) chip made using aluminum circuits on a silicon wafer.
By Spring of 2017, the company was testing eight-qubit computers, and in June, the company announced the public beta availability of a quantum cloud computing platform called Forest 1.0, which allows developers to write quantum algorithms.
In October of 2021, it was announced that the company plans to go public via a SPAC merger, with estimated valuation around $1.5 billion.
Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release first quarter 2022 results on Monday, May 16, 2022, after market close.
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Rigetti Computing may also be known as or be related to Rigetti & Co Inc, Rigetti & Co, Inc. and Rigetti Computing.