Rigetti Computing, Inc. (RGTI) Stock: Falls Despite Fidelity Gains and Government Funding Potential

TLDR Rigetti stock fell after hours as quarterly losses overshadowed revenue growth. Quantum fidelity gains strengthened Rigetti’s long-term technology roadmap. Rigetti ended June with $541.3 million in cash and no debt on its balance sheet. Potential federal funding could provide Rigetti up to $100 million for research. HPE and Pittsburgh partnerships expanded Rigetti’s hybrid computing [...]

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