Latest Rigetti Computing News & Updates

See the latest news and media coverage for Rigetti. We track all announcements, press releases, and industry mentions in real time, all in one place.

Rigetti Computing (Rigetti)

Quantum computing hardware and software provider

rigetti.com

Headquarters: Berkeley, United States
Founded year: 2013
Company type: Public company
Number of employees: 175–200
Industry: Integrated Hardware & Software

Last updated Today

Latest news about Rigetti Computing (Rigetti)

In short: Rigetti secured a $100 million CHIPS Act award, launched its 108-qubit Cepheus system, and reported its second-quarter 2026 financials.

Company announcements

August 19 Rigetti

Rigetti appoints executives and creates COO role to scale deployments

David Rivas becomes COO leading operations while Andrew Bestwick leads CTO hardware engineering, focusing on scaling systems and advancing the quantum roadmap.

August 6 Rigetti

Rigetti reports second quarter 2026 financial results

Total revenues were $5.1 million, operating loss $28.1 million, cash at $541.3 million; Rigetti also announced a $100 million U.S. Department of Commerce letter of intent.

July 27 Rigetti

Rigetti expands collaboration to build a hybrid quantum-classical supercomputer

The project involves a 9-qubit Novera system and a $5 million NSF grant

July 23 Rigetti

Rigetti will report Q2 2026 results on August 6

A conference call at 5:00 p.m. ET will follow to discuss financial results and business operations.

Media coverage

September 14 Yahoo Finance

Rigetti Faces Revenue Volatility and Rising Costs Despite Quantum Push

RGTI's revenues surge on Novera sales, but customer concentration, contract timing and rising R&D costs keep results volatile.

September 8 Yahoo Finance

Rigetti Secures $100 Million CHIPS Award to Advance Quantum Scaling

RGTI wins a $100 million CHIPS award to advance quantum scaling through readout electronics,...

September 3 The Wall Street Journal

U.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal

The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds...

August 29 Ad hoc news

Rigetti Stock: C-DAC contract worth 8.4 million

Technologically, Rigetti is focusing on scaling its hardware. This year, the company's largest multi-chip quantum computer to date, the Cepheus-1-108Q, was delivered, which is based on a...

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