r/wallstreetbets 1d ago

Oh, snap Meme

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u/Commercial_Ease8053 1d ago

No offense, but he said what we all knew deep down tbh. Qc is far off and we all believed in the potential… without a clue when that would be obtainable

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u/emanresuymsisihtolle 1d ago

link to original post here

Here is your DD about Rigetti

A reminder for everybody:

In 2017, Rigetti built an 8-qubit quantum computer and deployed it to the cloud (see Fig. 1).

https://arxiv.org/pdf/1706.06570

In 2017, Rigetti built a 20-qubit quantum computer and used it to solve a combinatorial problem with machine learning (see Fig. 2).

https://arxiv.org/pdf/1712.05771

In 2021, Rigetti demonstrated, for the first time, the entanglement between two qubits fabricated on two separate chips. This work was published in Nature.

https://arxiv.org/pdf/2102.13293

In 2021, Rigetti invented a new type of tunable coupler which unlocks fast and high-fidelity two-qubit gate operations.

https://arxiv.org/pdf/2103.07030

In 2021, Rigetti discovered that quantum circuit Born machines show superior performance compared to restricted Boltzmann machines in modeling financial data.

https://iopscience.iop.org/article/10.1088/2058-9565/abd3db/pdf

In 2023, Rigetti was awarded a 5-year contract with Air Force Research Lab and Phase 2 of Darpa Quantum Program.

https://investors.rigetti.com/news-releases/news-release-details/rigetti-computing-awarded-five-year-contract-air-force-research

https://investors.rigetti.com/news-releases/news-release-details/rigetti-computing-awarded-phase-2-darpa-benchmarking-program

In 2024, Rigetti discovered a new fabrication technique that improves the relaxation time of superconducting qubits. This work was published in Nature.

https://arxiv.org/pdf/2304.13257
In 2024, Rigetti discovered a new technique for adjusting the resistance of Josephson junctions at room temperature. This discovery makes it easier to scale quantum computers based on superconducting qubits. The results were published in Nature.

https://arxiv.org/pdf/2401.07415

In 2024, Rigetti and Riverlane successfully demonstrated low-latency quantum error correction achieving a mean decoding time per round below 1 microsecond.

https://arxiv.org/pdf/2410.05202v1

In 2024, Nvidia announced the successful application of AI to automate the calibration of a 9-qubit quantum computer built by Rigetti.

https://www.linkedin.com/posts/nvidia-data-center_nvidia-rigetti-quantum-machines-deliver-activity-7272339340922380288-S4tE?utm_source=share&utm_medium=member_desktop

In 2024, Rigetti owns more than 150 patents in quantum computing.

https://patents.justia.com/assignee/rigetti-co-inc

In 2024, scientists proposed new ideas to scale superconducting quantum computers to thousands of qubits.
https://arxiv.org/pdf/2411.10406

At the end of 2024, Rigetti built a quantum computer with 84 qubits with a two-qubit gate fidelity above 99%. This quantum computer has a similar performance to Willow, the chip built by Google.

https://investors.rigetti.com/news-releases/news-release-details/rigetti-computing-launches-84-qubit-ankaatm-3-system-achieves

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u/Standard_Profile_130 21h ago

Seems like they are making incremental progress but still far from having truly practical or scalable applications yet. It will be impressive once you can run general purpose models like climate simulations with quantum computers.

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u/SaltKick2 19h ago

I didnt read through all this but that last bullet point, Rigetti's chip is nowhere near as good as Google's Willow. Their two qubit gate error rate is an order of magnitude larger than Google's, their coherence times are 5x shorter which means you can't run very long circuits and presumably they higher readout error rates.

In 2019 or so, many of their theorists left for Google and I think many of their hardware team also left. Their original CEO, Chad Rigetti was one of the first to work on superconducting qubits, and I heard he kinda sucked to work for, but he also is no longer at the company. While they likely have brilliant people still, It seems like they are pushing the business hard to make money, but why would anyone want to rent time on a device that doesn't do anything special outside of their own research on noisy, not useful qubits.

Unless there is some major breakthrough in superconducting hardware that isn't patented (or its discovered by Rigetti) I don't see how they will be able to compete with Google and IBM.

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u/Murky-Education1349 20h ago

at this rate we'll have 1 million qubits by 2050. so his estimate of 15-30 years seems basically spot on.

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u/blancorey 19h ago

Except when progress isnt linear and a major breakthru happens perhaps via AGI within 5 yrs or less

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u/No_Feeling920 7h ago

AGI is not 5 years away. We already have enough hardware to achieve brain level computational power, yet models with general intelligence (human level problem solving capacity across all domains, figuring shit out on the go without prior training) are nowhere in sight. In case intelligence also includes sentience and self-awareness, then it's even further away.

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u/Murky-Education1349 11h ago

so your DD is basically just hopium.

sure man and maybe we'll have a time machine ready to go in 5 years. Or maybe the end of the world will happen and none of this matters.

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u/hfbvm2 17h ago

Now do QUBT

1

u/Invest0rnoob1 14h ago

They're making a TFLN fab.