Financial StabilityThe balance sheet was significantly strengthened with approximately $217 million in cash, providing financial stability and runway for future developments.
Funding And InvestmentQuanta's $285M investment is the largest private funding in a pure play quantum computing company, highlighting confidence in Rigetti's roadmap and pathway to commercialization.
Technological AdvancementsRigetti's collaboration with NVIDIA and Quantum Machines successfully implemented AI to automate the calibration of its 9-qubit chip, showcasing improvements in scaling quantum computing systems.