Rigetti Computing Launches 84-Qubit Ankaa-3 System

<p><strong>BERKELEY<&sol;strong> &&num;8212&semi; Rigetti Computing&comma; a specialist in full-stack quantum-classical computing&comma; announced the public launch of its 84-qubit Ankaa-3 system&period; Ankaa-3 is Rigetti’s newest flagship quantum computer featuring an extensive hardware redesign that enables superior performance&period; Rigetti also celebrates major two-qubit gate fidelity milestones with Ankaa-3&colon; successfully halving error rates in 2024 to achieve a median 99&period;0&percnt; iSWAP gate fidelity&comma; as well as demonstrating 99&period;5&percnt; median fidelity fSim gates&period;<&sol;p>&NewLine;<p>Rigetti has been one of the most actively trade stocks in the past several weeks since Google announced it was developing a new breakthrough chip called Willow for quantum computing&period; Shares in multiple companies involved in quantum computing have taken off since then&comma; including Rigetti&comma; D-Wave Systems&comma; IonQ and Quantum Computing&period;<&sol;p>&NewLine;<p>Ankaa-3 is now available to its partners via the Rigetti Quantum Cloud Services platform &lpar;QCS&rpar; and will be coming to Amazon Braket and Microsoft Azure in the first quarter of 2025&period; Users will be able to operate these higher fidelity and universal iSWAP gates for a wide range of algorithmic research&comma; with a median gate time of 72 nanoseconds&period; The faster &lpar;median 56 nanoseconds&rpar;&comma; more specialized fSim gates are useful for specific algorithms such as random circuit sampling&comma; as recently demonstrated on Google’s Willow system&period;<&sol;p>&NewLine;<p>The Ankaa-3 system continues to feature Rigetti’s scalable&comma; industry-leading chip architecture with 3D signal delivery while incorporating major enhancements to key technologies&period; Leveraging the Company’s full-stack expertise and in-house quantum foundry capabilities&comma; Ankaa-3 demonstrates Rigetti’s ability to deliver increasingly higher performance quantum computers&period;<&sol;p>&NewLine;<p>The Company’s focus on improving qubit fidelity has resulted in enhancements across the technology stack&colon;<&sol;p>&NewLine;<ul >&NewLine;<li><strong>All new cryogenic hardware design &&num;8211&semi; <&sol;strong>Reducing the amount of metal at the refrigerator’s coldest stage increases efficiency and reduces the cost per qubit&period; Superior thermalization and magnetic&sol;environmental shielding also improves system performance&period; This new design enables scaling up to thousands of qubits&period;<&sol;li>&NewLine;<li><strong>Improved qubit chip &&num;8211&semi; <&sol;strong>Rigetti overhauled its qubit chip&comma; leading to improved coherence&period; Through its collaboration with the Superconducting Quantum Materials &amp&semi; Systems Center &lpar;SQMS&rpar; led by Fermilab&comma; Rigetti implemented a metal deposition method for qubit circuitry with a higher T<sub>1<&sol;sub> baseline &&num;8212&semi; which indicates the lifetime of a qubit&period; Additionally&comma; the circuit layout was optimized to minimize qubit losses and take advantage of the new higher-coherence process&period;<&sol;li>&NewLine;<li><strong>Josephson junction fabrication with Alternating-Bias Assisted Annealing &lpar;ABAA&rpar; &&num;8211&semi; <&sol;strong>The Ankaa-3 chip features the hallmarks of Rigetti’s Ankaa-class chip architecture with a square lattice of qubits and tunable couplers&period; The 84-qubit chip’s Josephson junctions are manufactured using Rigetti’s novel ABAA technique&period; ABAA allows for precise qubit frequency targeting&comma; which enables better execution of two-qubit gates and increases in yield&comma; both of which contribute to higher fidelity&period;<&sol;li>&NewLine;<li><strong>Precise control and flexible gate architecture &&num;8211&semi; <&sol;strong>Rigetti has invested heavily in the control technologies underpinning its QPUs&period; Chip-wide optimization of qubit and tunable coupler frequencies produces fewer unwanted qubit-qubit interactions&comma; and real-time&comma; in-hardware pulse pre-compensation produces gates with lower incoherent errors&period; Rigetti has also developed a robust calibration process for highly expressive square-root-iSWAP-like gates while solving some of the compilation challenges associated with their practical usage&comma; resulting in an nQA-oriented gate set with significantly lower error rates&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&OpenCurlyDoubleQuote;With approximately &dollar;225 million of cash&comma; cash equivalents and available for sale investments and no debt&comma; we are extremely confident in our ability to deliver on our roadmap and performance goals&period; The remarkable performance of Ankaa-3 reinforces our leadership in the superconducting quantum computing field &&num;8212&semi; which we believe is the winning modality for high-performance quantum computers due to their many advantages&comma; including fast gate speeds and well-established manufacturing processes&comma;&&num;8221&semi; says Dr&period; Subodh Kulkarni&comma; Rigetti CEO&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Our teams&comma; across the technology stack&comma; work incredibly hard to introduce new&comma; innovative ways to increase our system’s performance&period; As we continue the journey towards fault tolerance&comma; we are constructing computing systems with capabilities that have not been seen before&comma;” says David Rivas&comma; Rigetti CTO&period; &OpenCurlyDoubleQuote;At Rigetti&comma; working closely with our partners&comma; we are committed to finding ways to put those systems to practical use&period;”<&sol;p>&NewLine;<p>Rigetti plans to introduce the next generation of its modular system architecture&comma; while continuing to increase fidelities&comma; in 2025&period; By mid-year 2025&comma; the Company expects to release a 36-qubit system based on four 9-qubit chips tiled together&comma; with a targeted 2x reduction in error rates from the current level&period; By the end of 2025&comma; the Company expects to release a system with over 100 qubits with a targeted 2x reduction in error rates from the current level&period;<&sol;p>&NewLine;

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