As part of the updated business strategy to narrow Rigetti’s focus in the nearer term on Ankaa 84-qubit system performance and the goal of advancing toward achieving narrow quantum advantage, the Company also is reducing its headcount by approximately 28% of overall staff, in order to lower operating expenses in activities outside these focus areas and preserve available cash resources.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on RGTI: