Rigetti Computing Intends To Invest Up To $100M In UK To Accelerate Quantum Computing Development; Co Plans To Deploy Quantum Computer With Over 1,000 Qubits In Next 3 To 4 Years

Rigetti Computing, Inc. (NASDAQ: RGTI) plans to invest up to $100 million in the UK to enhance quantum computing development, marking its first significant investment outside the US. The company aims to deploy a quantum computer with over 1,000 qubits within the next 3 to 4 years. This initiative aligns with the UK's recent commitment of up to £2 billion to position itself as a leader in quantum computing.