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LONDON, Feb. 6, 2024 Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc., a pioneer in full-stack quantum-classical computing, has announced that it was awarded a Small Business Research Initiative (SBRI) grant delivered by Innovate UK and funded by the National Quantum Computing Centre (NQCC) to develop and deliver a quantum computer to the NQCC.

Rigetti proposes to deploy a 24-qubit quantum computer based on the Companys fourth generation Ankaa-class architecture. The system will be deployed at NQCCs Harwell Campus, which is due to open in 2024 and will serve as NQCCs landmark facility to support world-class quantum computing research in the UK.

The proposed system will feature the hallmarks of Rigettis recently launched 84-qubit Ankaa-2 system, including tunable couplers and a square lattice. This new chip architecture enables faster gate times, higher fidelity, and greater connectivity compared to Rigettis previous generations of quantum processing units (QPUs). The Ankaa-2 system has achieved a 98% median 2-qubit fidelity, a 2.5x improvement in error performance compared to the Companys previous QPUs, and a 2-qubit gate time of 68 nanoseconds the shortest gate time demonstrated by a Rigetti QPU.

Rigettis software development tools for designing and running quantum programs will be deployed with the 24-qubit system, giving NQCC researchers access to pyQuil to create and execute quantum computing algorithms, Quilc to compile and optimize algorithms, and Quil-T for pulse-level control. The 24-qubit system will also include Tsunamis, Rigettis industry-leading control systems. Tsunamis are cloud-ready and tuned for hybrid performance. The system will be made available over Rigetti Quantum Cloud Services (QCS).

Its a great honor to be one of the first quantum computing companies awarded with the contract to establish a quantum computer at the NQCCs landmark facility. We are thrilled that the NQCC selected our Ankaa-class system to pursue world-class research to push the boundaries of quantum technology. We believe that the speed at which we are reducing error rates on our Ankaa systems shows us that we have a clear path towards our goal of hitting 99% fidelity, says Dr. Subodh Kulkarni, Rigetti CEO.

As part of the implementation, in addition to Rigettis Tsunami control systems, Riverlane plans to integrate elements of its Quantum Error Correction Stack, including a new generation of its quantum computer control system Deltaflow.Control, to execute the individual control and readout of Rigettis 24-qubit system. Riverlane also plans to develop and deliver a new software platform Aqueduct designed to conduct the automation and efficient data management of complex, scalable quantum experiments.

Controlling qubits is a complex challenge but one that we must tackle to correct the errors found in quantum computers and allow them to scale to the point where they do something useful for society. By integrating our control system Deltaflow.Control with Rigettis system, we hope to gain a deeper understanding of how to build scalable quantum error correction technologies tailored to large-scale systems like Rigettis, says Steve Brierley, Riverlane Founder & CEO.

Congratulating the testbed competition winners, Dr. Michael Cuthbert, NQCCs Director, commented, NQCC seeks to accelerate the development of the UKs quantum computing capabilities and infrastructure. There is a growing realization across the industry that quantum developers need access to the hardware to engineer scalable solutions for a full-stack quantum computer. Once built, these system-level prototypes will help the NQCC and its collaborators to understand the unique characteristics of different hardware approaches, establish appropriate metrics for each qubit architecture, and explore the types of applications that benefit most from each technological approach. That will feed directly into the NQCCs ongoing engagement with organizations across academia, industry and government to develop use cases for early-stage quantum computers, and to identify the innovations that will be needed to accelerate the development and adoption of this transformative technology.

Once the Rigetti quantum computer is operational it will be made available to NQCC researchers for testing, benchmarking, and exploratory applications development.

About Rigetti

Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Companys proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industrys first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industrys first dedicated and integrated quantum device manufacturing facility. Learn more at http://www.rigetti.com.

Source: Rigetti

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Rigetti Computing Wins Innovate UK Competition to Deliver 24-qubit Quantum Computing System to NQCC - HPCwire

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BOSTON, Feb. 5, 2024 QuEra Computing, a leader in neutral-atom quantum computers, has announced that the UKs National Quantum Computing Centre (NQCC) at Harwell, Oxfordshire, will soon be home to one of the worlds most advanced quantum computing testbeds.

Funded through the NQCC, and supported by the Small Business Research Initiative (SBRI) framework, one of the testbeds will be built by QuEra in collaboration with UK-based collaborators.

The initial testbed in the UK will build upon the recently announced scientific breakthrough using logical qubits to detect and correct errors inherent to quantum calculations. A key part of this process is qubit shuttling, which enables qubits to move while preserving their quantum state and allows for the entanglement of nearby qubits. Until now, this was a major barrier to achieving scalable, practical quantum computers and ultimately achieving quantum advantage.

As a result, the UK will be home to the first qubit shuttling and error correction testbed in the world. QuEra will begin work on its testbed for the NQCC soon and expects it to be operational in early 2025.

The UK will be the first to experiment with technology set to pave the way for a new era of quantum computing, said Alex Keesling, CEO, QuEra Computing, To be truly useful, quantum computers need to be built at scale, with modest operating requirements and, crucially, they need to be fault-tolerant. We have proven the ability of logical qubits to solve the issue of high error rates, and neutral-atom processors are the leading candidate to surpass the 100 logical qubit scale within the next few years. The UKRI and NQCC had the foresight to recognise this approach and its potential. As a result, the UK will gain a significant first-mover advantage and the chance to boost and prepare its quantum industries for the future.

Congratulating the testbed competition winners, Dr Michael Cuthbert, NQCCs Director commented: NQCC seeks to accelerate the development of the UKs quantum computing capabilities and infrastructure. There is a growing realisation across the industry that quantum developers need access to the hardware to engineer scalable solutions for a full-stack quantum computer. Once built, these system-level prototypes will help the NQCC and its collaborators to understand the unique characteristics of different hardware approaches, establish appropriate metrics for each qubit architecture, and explore the types of applications that benefit most from each technological approach. That will feed directly into the NQCCs ongoing engagement with organizations across academia, industry, and government to develop use cases for early-stage quantum computers, and to identify the innovations that will be needed to accelerate the development and adoption of this transformative technology.

Key Innovations to Boost UK Quantum Industry

QuEra will introduce several key innovations into the testbed at NQCC, deploying a dramatically more advanced dynamic processing architecture than existing quantum systems. This zoned architecture is the quantum equivalent of a classical Von-Neumann architecture. This initiative will benefit UK-based quantum researchers and software developers in two significant ways. Firstly, it will provide them with the opportunity to explore and optimize this unique architecture. Secondly, it will enable vendors to refine hardware that is essential to the supply chain for neutral atom processors. These processors are currently viewed as a leading solution for developing scalable, fault-tolerant computers.

This deployment will accelerate the cross-pollination between companies in the UK/EU quantum ecosystem, help develop the UK quantum workforce, set new performance standards, and make key advances towards fulfilling the UK national quantum computing strategy.

The testbed will have the ability to coherently shuttle groups of atoms, which sets the stage for experimentation with logical qubits. Logical qubits are an ensemble of entangled individual physical qubits, allowing errors in individual physical qubits to be detected and corrected. As a result, researchers and industry partners can experiment with cutting-edge algorithms that use these advanced capabilities.

A critical enabler of this system is the ability to dynamically reconfigure atoms in the processor using movable optical tweezers, introducing all-to-all gate connectivity, programmability at scale with just a few local optical controls, and making possible a wide variety of optimized zoned-architectures. The testbed will also introduce mid-circuit measurement to allow for conditional operations and executions based on intermediate results, setting the stage for future improvements such as the ability to correct errors or make dynamic adjustments to ongoing computations.

About QuEra

QuEra Computing is the leader in commercializing quantum computers using neutral atomswidely recognized as a highly promising quantum modality. Based in Boston and built on pioneering research from nearby Harvard University and MIT, QuEra operates the worlds largest publicly accessible quantum computer, available over a major public cloud and for on-premises delivery. QuEra is developing large-scale, fault-tolerant quantum computers to tackle classically intractable problems, becoming the partner of choice in the quantum field. Simply put, QuEra is the best way to quantum. For more information, visit us at quera.com.

Source: QuEra Computing

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QuEra to Build Quantum Computing Testbed in the UK - HPCwire

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Quantum Motion, a UK-based quantum computing scale-up founded by Professor John Morton, University College London (UCL), and Professor Simon Benjamin, University of Oxford, has been selected by the UKsNational Quantum Computing Centre(NQCC) to build a quantum processor test bed for its site in Oxfordshire. Quantum Motions prototype system will be based on the same silicon MOS platform used throughout the consumer electronics industry today, while the test bed forms part of NQCCs vision to enable the UK to solve some of the most complex and challenging problems facing society by harnessing the potential of quantum computing.

Image Credit: Quantum Motion

The UK hosts some of the most exciting quantum computing companies in the world, and the NQCC is assembling many of these different approaches into one facility to provide access for academics, researchers and public sector communities to conduct test projects, feasibility studies and discovery-led science. This will be the first quantum computing test bed delivered into the NQCC that is based on conventional silicon manufacturing processes. It will demonstrate the ability to deliver a quantum computer that harnesses the practicality and scalability of established semiconductor fabrication techniques. In turn, this proof-of-concept will accelerate the transition from prototype systems to commercialisation.

James Palles-Dimmock, CEO of Quantum Motion, said, The strategy at Quantum Motion is about more than delivering qubits; it is about delivering a scalable, integrated quantum architecture capable of building systems of sizes yielding real value. This includes developing the elements needed to operate a quantum computer, such as world-leading cryo-electronics and automated control, along with a prototype quantum processor manufactured using a standard CMOS process.

Dr Michael Cuthbert, NQCC's Director commented, NQCC seeks to accelerate the development of the UKs quantum computing capabilities and infrastructure. There is a growing realisation across the industry that quantum developers need access to the hardware to engineer scalable solutions for a full-stack quantum computer. Once built, these system-level prototypes will help the NQCC and its collaborators to understand the unique characteristics of different hardware approaches, establish appropriate metrics for each qubit architecture, and explore the types of applications that benefit most from each technological approach. That will feed directly into the NQCC's ongoing engagement with organisations across academia, industry, and government to develop use cases for early-stage quantum computers, and to identify the innovations that will be needed to accelerate the development and adoption of this transformative technology.

The NQCC test beds, such as the one developed by Quantum Motion, will enable researchers to understand how quantum algorithms perform on real quantum hardware. They will help explore the functionality and feasibility of different approaches to building quantum processors, and ultimately aim to establish the most promising routes towards the first commercially available quantum computers able to run useful applications.

In order to develop scalable quantum computers, Quantum Motion has developed key expertise in four critical areas:

Drawing on the existing knowledge, scalability, uniformity, as well as economic advantages of semiconductor technology used in most of today's silicon chips, Quantum Motion has achieved a series of peer-reviewed and record-breaking milestones that highlight silicons potential to be the fastest, most cost-effective, and scalable way of producing the millions of qubits needed to create fault-tolerant quantum computers. Their developments, such as integrated circuits capable of generating and processing signals at deep cryogenic temperatures, and demonstrations, such as the mass characterisation ofthousands of multiplexed quantum dotsfabricated in a tier one foundry, underline the companys advantage.

Source:https://quantummotion.tech/

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Quantum Motion Wins Bid to Deliver First Silicon Quantum Computing Prototype to NQCC - AZoQuantum

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Infleqtion Builds UK's Quantum Advantage: Delivering Practical Solutions with a World-Leading Quantum Computer  Business Wire

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Infleqtion Builds UK's Quantum Advantage: Delivering Practical Solutions with a World-Leading Quantum Computer - Business Wire

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Quantum computing stocks stand out as symbols of innovation in a tech world that is quickly changing. They promise to push the limits of processing power and computer efficiency. As investors look for more ground-breaking quantum technology investments, these stocks become more appealing.

The quantum computing market is undergoing rapid growth and transformation. As a result of the rapid expansion, new growth areas are cropping up at every moment. As a savvy investor, we need to make sure we can take advantage of these opportunities.

You need to know a lot about how much money is spent on quantum research and development and how the market for quantum computers is changing to get around in this new field. Market predictions for this creative new area are going through the roof as more money comes in from both the public and private sectors.

Hence, with each step forward, quantum computings promise grows, calling for a closer look at how it will change the tech world and other fields. Keeping this in mind, let us explore three big players in the quantum computing stocks space.

Source: Laborant / Shutterstock.com

IBM (NYSE:IBM) is a leader in quantum computing, which is a new and exciting field. The IBM Quantum Heron engine that it just released is a big step forward. The company that made this processor says it has increased the rate of mistake reduction by five times. This kind of useful improvement is necessary to make sure that any solution is reliable.

The IBM Quantum System Two was also shown. This amazing flexible quantum computer was an idea that IBM came up with to make quantum computing more scalable. It started using three Heron computers in its work, showing that it was open to new technology.

IBMs plan for quantum computing is both useful and far-fetched. Its main goal is to make the gate operations better, which will make the quantum circuit bigger. Thats how the full promise of quantum computing will be used in the end.

IBM released Qiskit 1.0, which made quantum computing easier to use from a software point of view. Quartz devices are easy to run with this open-source software. It is a step toward democracy in the quantum world.

In conclusion, IBM is changing the future of quantum computing by developing a worldwide ecosystem that improves researcher cooperation and helps companies solve difficult problems quickly. Through its strategic relationships with academic, scientific, and industry institutions, IBM takes the lead in the realm of quantum computing. Notably, these collaborations serve to enhance innovation and, consequently, could significantly accelerate the acceptance and further development of quantum computing. This, in turn, solidifies and reinforces IBMs dominant position in this rapidly evolving and fascinating field.

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IonQ (NYSE:IONQ) has done something amazing that makes it stand out in the world of quantum computing. The IonQ Forte device from the company had 35 computational qubits. It took a whole year longer than planned to reach this goal. Its a big step forward for quantum computers.

This new information puts IonQ at the top of the list of stocks for quantum computing. The improved system can work with quantum devices that are bigger. For this reason, it works great for complicated tasks in quantum machine learning and science.

IonQs success comes from the way it optimizes everything. Both hardware and software got better. The company added more qubits and made a quantum program generator that works better.

IonQs dedication to accuracy is shown by the use of the AQ measure. It lets the machine look into more than 34 billion possible outcomes. This makes it possible for quantum computing to go in new directions.

The progress made by IonQ has wide-ranging effects. More complicated devices and programs can be run with their help. You can use the companys technology on all the big cloud systems.

Altogether, IonQs accomplishments show how important it is to bring quantum computing into the business world. The companys progress essentially shows how quantum computing will be used to solve hard tasks in the future. IonQs journey shows how committed it is to being innovative and the best in the area of quantum computing.

Source: Amin Van / Shutterstock.com

Rigetti Computing (NASDAQ:RGTI) is at the forefront of the quantum computing field and is known for always making progress. It also just recently released the Ankaa-2 System, which is a big step forward. This cutting-edge system is 2.5 times better than the ones that came before it, showing how quickly quantum technology is developing. You can use Rigetti Quantum Cloud Services to reach the 84-qubit Ankaa-2. It has an amazing 98% two-qubit accuracy, which sets a new bar for speed and stability in quantum computing.

Additionally, Rigetti has started a new project with the help of an Innovate UK grant. The main goal of this project is to create quantum machine learning methods for looking at streams of financial data. This partnership shows that Rigetti is serious about using quantum computing for useful purposes in the real world.

In summary, these new developments show how hard Rigetti is working to be the best among quantum computing stocks. With each new invention, the limits of what is possible are pushed further. In addition, quantum technologies are also ready to solve difficult problems in many fields. Rigetti wants to improve quantum computing technology because its unique work keeps moving the field forward.

On the publication date, Faizan Farooque did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.

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3 Quantum Computing Stocks to Buy for the Next Bull Run: February 2024 - InvestorPlace

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