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Rigetti Computing Expands Global Presence with UK Quantum Computer Launch
The 32-qubit Aspen-series system will be accessible over the cloud through Rigetti QCS™ to Rigetti’s UK partnersRigetti UK receives two InnovateUK awards to
About this update from Rigetti Computing, Inc.
[{"type":"text","content":"The 32-qubit Aspen-series system will be accessible over the cloud through Rigetti QCS™ to Rigetti’s UK partnersRigetti UK receives two InnovateUK awards to work on quantum error correction and application optimization LONDON, June 21, 2022 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced the launch of its 32-qubit Aspen-series quantum computer in the UK. The system, which is Rigetti’s first UK-based quantum computer, will be available to its UK partners over the cloud through Rigetti QCS™. Delivering this system achieves a key goal of the Rigetti-led consortium to accelerate the commercialization of quantum computing in the UK. Rigetti is joined by Oxford Instruments, University of Edinburgh, Phasecraft, and Standard Chartered Bank in this initiative, and together will continue to advance practical applications in machine learning, materials simulation, and finance. “We believe deploying our first UK-based quantum computer is a major step towards our vision to integrate QPUs into the fabric of the cloud,” says Chad Rigetti, founder and CEO of Rigetti Computing. “By enabling cloud access to our QPUs, we believe our UK partners and end users will be closer to unlocking the potential of quantum computing to address their most pressing problems and advance the UK’s vibrant quantum ecosystem.” The consortium is backed by funding from the UK government’s Quantum Technologies Challenge, led by UK Research & Innovation. “This is the first time that we have been able to democratize technology at the scale that we can now, and access to the cloud is truly a fundamental accelerator for quantum computing applications. Rigetti’s 32-qubit Aspen-series system supports important financial modeling of applications such as option pricing with synthetic data encapsulating all possible scenarios in one learning exercise. Today’s announcement is truly a win for the UK’s position globally in quantum computing,” says Stuart Woods, Managing Director, Oxford Instruments NanoScience. \"Switching on this Rigetti quantum computer marks an important milestone for this project and the UK. We at Phasecraft are excited to expand our work with Rigetti and begin using this machine to test out our quantum a...