Rigetti Computing, a leader in quantum-classical computing, has partnered with Quanta Computer, the world’s largest computer server manufacturer, to enhance the field of superconducting quantum computing. This collaboration involves a collective investment of over $100 million aimed at advancing both the technology and its commercialization over the next five years.

Quanta’s role will focus on hardware development and scalable manufacturing, while Rigetti will further its innovative work with superconducting quantum technology. The partnership also includes Quanta’s plan to acquire shares in Rigetti and invest an additional $35 million, pending regulatory approval.

The quantum computing sector is on track for rapid growth, with projections suggesting annual revenues could soar to between $1 billion and $2 billion by 2030. Superconducting qubits are particularly promising due to their fast gate speeds and compatibility with existing semiconductor manufacturing processes, positioning them as a favorable choice for scalable and commercially viable quantum computing.

Dr. Subodh Kulkarni, CEO of Rigetti Computing, emphasized the strategic alignment of strengths between Rigetti and Quanta, highlighting Quanta’s extensive manufacturing capabilities and Rigetti’s expertise in quantum technology. The collaboration is expected to enhance technological innovation in the quantum computing space and increase the availability of quantum-enabled solutions across various industries.

This partnership highlights the growing momentum in the quantum computing industry and its potential to transform corporate computing as the technology continues to develop.

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