Rigetti Computing : SEMICON West 2024 Presentation

Published: 2024-07-11 02:34:10 ET RGTI

Superconducting Quantum Computing:

Building on Decades of Semiconductor Innovation for Transformative Computational Power

Dr. Subodh Kulkarni

CEO, Rigetti Computing

July 10, 2024

Why Quantum Computing?

We believe quantum computing has the potential to

Quantum Computing Market Potential

FTQC

nQA

Data compiled using external analyst reports 1, 2, 3

Today's Quantum Computing Market

Governments are treating quantum computing as critical for national interests

$42B total government investment

announced in 2024 - 26% increase from 20231

Examples of government funded quantum computing programs

Such programs foster innovation, collaboration with academia & industry, and workforce development

1McKinsey,1 IDC WorldwideQuantumQuantumTechnologyComputingMonitor,Forecast,April 2024023-2027: Surﬁng the Next Wave of Quantum Innovation

Today's Quantum Computing Market

Early adopters in industry

Industry Use Cases

Finance → Optimize returns and risks for large ﬁnancial portfolios; predicting recessions, etc.

Pharmaceutical → Aid drug discovery

Energy → Develop synthetic enzymes and catalysts for energy production

Logistics → Reduce fuel costs by optimizing vehicle routing

Multiple Modalities for Quantum Computing - We Believe Superconducting Modality is the Leader

Rigetti's mission

Build the world's most powerful computers to solve humanity's most important and pressing problems

Rigetti Computing

A Pioneer in Superconducting Quantum Computing

Rigetti's quantum data center located in

Rigetti's Fab-1, the industry's ﬁrst dedicated quantum

Berkeley, California

foundry, located in Fremont, California

Pioneering Superconducting Quantum Technology

Ankaa™-2

achieves 98%

Commercial

median 2Q

availability of

gate ﬁdelity

Rigetti at a Glance

Aspen™-M80-qubit

system, the largest

2024

2013

quantum computer

on AWS

Founded

Deployed quantum

systems to-date

70,000

Combined sq. ft. of

facilities

132

Employees

Rigetti's Fab-1

First hybrid

Joins Fermilab's

2022

SQMS Center as

commissioned as

cloud

lead industry

ﬁrst dedicated

platform

partner

quantum chip

with QCS™

fabrication

launch

2020

Patented hybrid

facility unlocking

quantum-classical

vertical

2021

co-processor

integration

architecture

2018

2023

35 patents

Launches the Novera™ QPU, Rigetti's ﬁrst

PhDs

~200 patents

Currently at 84Q, 99.9% 1Q ﬁdelity, 98% 2Q ﬁdelity, 70 ns gate speed

Expected 84Q at 99+% 2Q ﬁdelity by end of '24 and 300+Q at 99.x% ﬁdelity by end of '25

2014

2013

Rigetti founded as the ﬁrst full-stack, universal pure-play quantum computing company

2016

2019

First scalable

quantum chip

2017

demonstrated

32-qubit system

based on Rigetti

2015

proprietary

launched on

modular

Amazon Web

architecture

Established

Rigetti deploys

Services (AWS)

Quantum Data

quantum

Center in

computer over

Berkeley, CA

the cloud

commercially available QPU

The Power of Hybrid Computing

Quantum computing can augment classical workﬂows for unprecedented computational power

Quantum

Classical

Computing System

High

Performance

Disclaimer

Rigetti Computing Inc. published this content on 11 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2024 06:33:07 UTC.