Latest news with #Qiskit
Yahoo
4 days ago
- Business
- Yahoo
Rigetti vs. IBM: Which Quantum Computing Stock Has Better Prospects?
As quantum computing inches closer to practical, real-world applications, investors are turning their attention to the companies leading the charge in this transformative technology. Rigetti Computing RGTI and International Business Machines Corporation IBM are two prominent players in the quantum space, each with distinct approaches and advantages. Rigetti, a nimble startup, focuses on building cutting-edge quantum processors and scalable systems, while IBM leverages its decades-long expertise and vast resources to develop a comprehensive quantum ecosystem that integrates hardware, software, and cloud services. Both companies are rapidly expanding their quantum capabilities and securing partnerships with governments, research institutions, and enterprises eager to use quantum power. As the quantum computing market shifts from experimental research to commercial use, this faceoff compares Rigetti and IBM on technology, business models, and growth strategies, helping investors identify which stock offers better long-term upside in the emerging quantum era. Shares of Rigetti have plunged 8.2%, while IBM stock has gained 17.6% in the year-to-date period. Image Source: Zacks Investment Research From a valuation standpoint, IBM looks more attractive than RGTI. According to the price/book ratio, IBM's shares currently trade at 8.92, lower than 19.43 for Rigetti. Image Source: Zacks Investment Research Rigetti uses a modular quantum architecture that scales by linking smaller chips. Its latest Ankaa-3 system features 84 superconducting qubits with approximately 99.5% two-qubit gate fidelity, enabled by its proprietary ABAA process. Rigetti emphasizes AI-assisted calibration and error reduction to boost performance. It plans to launch a 36-qubit system in mid-2025 and exceed 100 qubits by year-end. Though innovative, its systems remain smaller in scale compared to industry leaders. IBM deploys a highly integrated quantum stack, led by its 133-qubit Heron processor, which improves error rates and reduces crosstalk over its Eagle predecessor. Its modular architecture supports interconnecting processors like the 1,121-qubit Condor, forming the backbone of Quantum System Two for scalable hybrid computing. With strong cloud integration, global infrastructure, and developer support via Qiskit, IBM remains a leader in practical, scalable quantum technology. Rigetti adopts a focused, hardware-first business model tailored to quantum computing, centered around its proprietary modular chip architecture and cloud-based Quantum Cloud Services. It monetizes through direct system access, strategic partnerships, and integration with platforms like Amazon Braket and Azure Quantum. Rigetti targets niche enterprise and research segments, offering flexible deployment and AI-assisted system calibration. In contrast, IBM leverages its vast resources to deliver a full-stack quantum computing model, combining hardware, software (Qiskit), and services under the IBM Quantum Platform. It commercializes through cloud access, consulting, and its 280+ member IBM Quantum Network, which includes Fortune 500 firms and academic institutions. With over $1 billion in cumulative quantum revenue and multi-billion-dollar R&D investments, IBM's business model emphasizes ecosystem dominance, global infrastructure, and long-term enterprise integration. Rigetti's growth strategy centers on scaling modular quantum systems, advancing hardware via ABAA fabrication and AI calibration, and targeting a 108-qubit system by the end of 2025 with halved error rates. It is expanding manufacturing through a $250M Quanta partnership and boosting cloud integration to widen access. While innovation-driven and agile, the strategy is limited by financial constraints and a smaller customer base. IBM's growth strategy focuses on quantum-centric supercomputing via a long-term roadmap, interconnecting modular chips like the 1,121-qubit Condor to achieve fault tolerance. It targets quantum advantage by 2026 through efforts like the '100×100 challenge' and Quantum System Two. Leveraging global infrastructure, enterprise partnerships, and strong R&D funding, IBM prioritizes scalability, reliability, and commercial adoption worldwide. The Zacks Consensus Estimate for RGTI's 2025 sales implies a year-over-year decline of 18.63%. For 2025, loss per share is projected to be 5 cents compared with 36 cents a year ago. The earnings estimates have been trending upward over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for IBM's 2025 sales and earnings implies year-over-year growth of 5.5% and 6%, respectively. The earnings estimates have been trending upward over the past 60 days. Image Source: Zacks Investment Research Both Rigetti and IBM are advancing in the quantum computing space, but they differ significantly in scale, strategy, and market positioning. IBM holds a Zacks Rank #3 (Hold) with a strong Growth Score of 'A', reflecting solid potential driven by its expansive infrastructure, global partnerships, and ambitious quantum roadmap. Rigetti, on the other hand, carries a Zacks Rank #4 (Sell), indicating a challenging short-term prospect. However, its Growth score of 'B' reflects upside potential once the challenges subside. While Rigetti remains a compelling small-cap innovator with modular architecture and technical focus, IBM's full-stack capabilities and enterprise reach give it an edge for investors seeking more stability and long-term commercial traction in the quantum sector. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Business
- Yahoo
Rigetti vs. IBM: Which Quantum Computing Stock Has Better Prospects?
As quantum computing inches closer to practical, real-world applications, investors are turning their attention to the companies leading the charge in this transformative technology. Rigetti Computing RGTI and International Business Machines Corporation IBM are two prominent players in the quantum space, each with distinct approaches and advantages. Rigetti, a nimble startup, focuses on building cutting-edge quantum processors and scalable systems, while IBM leverages its decades-long expertise and vast resources to develop a comprehensive quantum ecosystem that integrates hardware, software, and cloud services. Both companies are rapidly expanding their quantum capabilities and securing partnerships with governments, research institutions, and enterprises eager to use quantum power. As the quantum computing market shifts from experimental research to commercial use, this faceoff compares Rigetti and IBM on technology, business models, and growth strategies, helping investors identify which stock offers better long-term upside in the emerging quantum era. Shares of Rigetti have plunged 8.2%, while IBM stock has gained 17.6% in the year-to-date period. Image Source: Zacks Investment Research From a valuation standpoint, IBM looks more attractive than RGTI. According to the price/book ratio, IBM's shares currently trade at 8.92, lower than 19.43 for Rigetti. Image Source: Zacks Investment Research Rigetti uses a modular quantum architecture that scales by linking smaller chips. Its latest Ankaa-3 system features 84 superconducting qubits with approximately 99.5% two-qubit gate fidelity, enabled by its proprietary ABAA process. Rigetti emphasizes AI-assisted calibration and error reduction to boost performance. It plans to launch a 36-qubit system in mid-2025 and exceed 100 qubits by year-end. Though innovative, its systems remain smaller in scale compared to industry leaders. IBM deploys a highly integrated quantum stack, led by its 133-qubit Heron processor, which improves error rates and reduces crosstalk over its Eagle predecessor. Its modular architecture supports interconnecting processors like the 1,121-qubit Condor, forming the backbone of Quantum System Two for scalable hybrid computing. With strong cloud integration, global infrastructure, and developer support via Qiskit, IBM remains a leader in practical, scalable quantum technology. Rigetti adopts a focused, hardware-first business model tailored to quantum computing, centered around its proprietary modular chip architecture and cloud-based Quantum Cloud Services. It monetizes through direct system access, strategic partnerships, and integration with platforms like Amazon Braket and Azure Quantum. Rigetti targets niche enterprise and research segments, offering flexible deployment and AI-assisted system calibration. In contrast, IBM leverages its vast resources to deliver a full-stack quantum computing model, combining hardware, software (Qiskit), and services under the IBM Quantum Platform. It commercializes through cloud access, consulting, and its 280+ member IBM Quantum Network, which includes Fortune 500 firms and academic institutions. With over $1 billion in cumulative quantum revenue and multi-billion-dollar R&D investments, IBM's business model emphasizes ecosystem dominance, global infrastructure, and long-term enterprise integration. Rigetti's growth strategy centers on scaling modular quantum systems, advancing hardware via ABAA fabrication and AI calibration, and targeting a 108-qubit system by the end of 2025 with halved error rates. It is expanding manufacturing through a $250M Quanta partnership and boosting cloud integration to widen access. While innovation-driven and agile, the strategy is limited by financial constraints and a smaller customer base. IBM's growth strategy focuses on quantum-centric supercomputing via a long-term roadmap, interconnecting modular chips like the 1,121-qubit Condor to achieve fault tolerance. It targets quantum advantage by 2026 through efforts like the '100×100 challenge' and Quantum System Two. Leveraging global infrastructure, enterprise partnerships, and strong R&D funding, IBM prioritizes scalability, reliability, and commercial adoption worldwide. The Zacks Consensus Estimate for RGTI's 2025 sales implies a year-over-year decline of 18.63%. For 2025, loss per share is projected to be 5 cents compared with 36 cents a year ago. The earnings estimates have been trending upward over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for IBM's 2025 sales and earnings implies year-over-year growth of 5.5% and 6%, respectively. The earnings estimates have been trending upward over the past 60 days. Image Source: Zacks Investment Research Both Rigetti and IBM are advancing in the quantum computing space, but they differ significantly in scale, strategy, and market positioning. IBM holds a Zacks Rank #3 (Hold) with a strong Growth Score of 'A', reflecting solid potential driven by its expansive infrastructure, global partnerships, and ambitious quantum roadmap. Rigetti, on the other hand, carries a Zacks Rank #4 (Sell), indicating a challenging short-term prospect. However, its Growth score of 'B' reflects upside potential once the challenges subside. While Rigetti remains a compelling small-cap innovator with modular architecture and technical focus, IBM's full-stack capabilities and enterprise reach give it an edge for investors seeking more stability and long-term commercial traction in the quantum sector. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
09-02-2025
- Business
- Yahoo
This Top Quantum Computing Stock Nears $1 Billion in Signings
Quantum computing could be a big deal once the technology matures. BCG estimates that industry-wide quantum computing revenue could reach $170 billion sometime after 2040, with quantum hardware and software delivering as much as $850 billion of annual value for end users. Potential use cases include pharmaceutical drug discovery, finance simulation, logistics network optimization, and advertising optimization, to name a few. Quantum computing takes advantage of the probabilistic properties to quantum mechanics. While a traditional computing bit can be in one of two states at any given time, a quantum bit or qubit exists in some combination of two states. This property enables quantum computers to complete certain types of computations exponentially faster than traditional computers. While quantum computing has immense potential, the technology is not yet commercially viable. No one has built a quantum computer that's capable of solving a real-world problem faster than a traditional computer. One big problem is error correction. Qubits are fragile, and this fragility can introduce errors and completely derail a computation. BCG's estimates for the quantum computing industry after 2040 hinge on full-scale error correction being solved. While quantum computing isn't yet commercially viable, companies and organizations are signing deals to explore the technology for future applications. One of the biggest beneficiaries so far is International Business Machines (NYSE: IBM), a quantum computing pioneer. IBM has been building quantum computers for decades, and it's deployed nearly 80 externally available quantum systems, far more than any of its competitors. This includes 13 quantum computers with more than 100 qubits that are currently operational. IBM has also developed Qiskit, a software development kit that leads the way in terms of adoption. Thousands of projects depend on Qiskit, making it the most popular quantum computing platform. Since the beginning of 2017, IBM has booked nearly $1 billion worth of business related to its quantum computing efforts. Even before quantum computing becomes truly useful, there will be plenty of money to be made for industry players. BCG estimates that annual industry-wide quantum computing revenue could reach $2 billion prior to 2030, then jump tenfold over the following decade as the technology marches toward commercial viability. IBM is positioned to generate a big chunk of that expected revenue. IBM's quantum computing revenue is going to ramp slowly as more companies explore the technology, but it has the potential to explode in the future if and when the technology becomes genuinely useful. By 2028, IBM expects to demonstrate the first error-corrected quantum computer. Following that achievement, the task will be to scale up. Sometime after 2033, IBM sees quantum computers reaching thousands of qubits. True commercial viability would come later, although there are no guarantees. If commercial viability is still at least a decade away, pure play quantum computing stocks like IonQ or Rigetti Computing are risky bets. These money-losing companies will need to survive long enough to reap the benefits of the quantum computing revolution. IBM, on the other hand, is thriving. The company expects to grow revenue by more than 5% annually going forward, with free cash flow growing a bit faster. The company's hybrid cloud computing and AI businesses are booming, and high-margin software is pushing up profit margins. If quantum computing never becomes commercially viable or takes even longer than expected, IBM can still deliver solid returns for shareholders. For long-term investors itching to gain exposure to quantum computing, IBM is a low-risk way to bet on the potentially revolutionary technology. Before you buy stock in International Business Machines, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and International Business Machines wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $788,619!* Now, it's worth noting Stock Advisor's total average return is 929% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list. Learn more » *Stock Advisor returns as of February 7, 2025 Timothy Green has positions in International Business Machines. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy. This Top Quantum Computing Stock Nears $1 Billion in Signings was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
08-02-2025
- Business
- Yahoo
This Top Quantum Computing Stock Nears $1 Billion in Signings
Quantum computing could be a big deal once the technology matures. BCG estimates that industry-wide quantum computing revenue could reach $170 billion sometime after 2040, with quantum hardware and software delivering as much as $850 billion of annual value for end users. Potential use cases include pharmaceutical drug discovery, finance simulation, logistics network optimization, and advertising optimization, to name a few. Quantum computing takes advantage of the probabilistic properties to quantum mechanics. While a traditional computing bit can be in one of two states at any given time, a quantum bit or qubit exists in some combination of two states. This property enables quantum computers to complete certain types of computations exponentially faster than traditional computers. While quantum computing has immense potential, the technology is not yet commercially viable. No one has built a quantum computer that's capable of solving a real-world problem faster than a traditional computer. One big problem is error correction. Qubits are fragile, and this fragility can introduce errors and completely derail a computation. BCG's estimates for the quantum computing industry after 2040 hinge on full-scale error correction being solved. While quantum computing isn't yet commercially viable, companies and organizations are signing deals to explore the technology for future applications. One of the biggest beneficiaries so far is International Business Machines (NYSE: IBM), a quantum computing pioneer. IBM has been building quantum computers for decades, and it's deployed nearly 80 externally available quantum systems, far more than any of its competitors. This includes 13 quantum computers with more than 100 qubits that are currently operational. IBM has also developed Qiskit, a software development kit that leads the way in terms of adoption. Thousands of projects depend on Qiskit, making it the most popular quantum computing platform. Since the beginning of 2017, IBM has booked nearly $1 billion worth of business related to its quantum computing efforts. Even before quantum computing becomes truly useful, there will be plenty of money to be made for industry players. BCG estimates that annual industry-wide quantum computing revenue could reach $2 billion prior to 2030, then jump tenfold over the following decade as the technology marches toward commercial viability. IBM is positioned to generate a big chunk of that expected revenue. IBM's quantum computing revenue is going to ramp slowly as more companies explore the technology, but it has the potential to explode in the future if and when the technology becomes genuinely useful. By 2028, IBM expects to demonstrate the first error-corrected quantum computer. Following that achievement, the task will be to scale up. Sometime after 2033, IBM sees quantum computers reaching thousands of qubits. True commercial viability would come later, although there are no guarantees. If commercial viability is still at least a decade away, pure play quantum computing stocks like IonQ or Rigetti Computing are risky bets. These money-losing companies will need to survive long enough to reap the benefits of the quantum computing revolution. IBM, on the other hand, is thriving. The company expects to grow revenue by more than 5% annually going forward, with free cash flow growing a bit faster. The company's hybrid cloud computing and AI businesses are booming, and high-margin software is pushing up profit margins. If quantum computing never becomes commercially viable or takes even longer than expected, IBM can still deliver solid returns for shareholders. For long-term investors itching to gain exposure to quantum computing, IBM is a low-risk way to bet on the potentially revolutionary technology. Before you buy stock in International Business Machines, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and International Business Machines wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $788,619!* Now, it's worth noting Stock Advisor's total average return is 929% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list. Learn more » *Stock Advisor returns as of February 7, 2025 Timothy Green has positions in International Business Machines. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy. This Top Quantum Computing Stock Nears $1 Billion in Signings was originally published by The Motley Fool Sign in to access your portfolio
Associated Press
30-01-2025
- Business
- Associated Press
Riverlane Strengthens Executive Team with Liz Durst, Former Director of IBM's Qiskit
CAMBRIDGE, England--(BUSINESS WIRE)--Jan 30, 2025-- Riverlane, a global leader in quantum error correction (QEC), has announced the appointment of Liz Durst as Vice President of QEC Community. Liz is a highly regarded leader in the quantum computing industry with extensive experience developing open-source tools and fostering global technology communities. Her expertise will be instrumental in advancing QEC and accelerating Riverlane's mission to make quantum computing useful, sooner. Liz is best known for her role in building IBM Quantum's Qiskit, which has grown to dominate over 80% of the quantum computing developer tools market. Today, this open-source software development kit (SDK) attracts more than 600,000 users worldwide and continues to democratise access to quantum computing, enabling researchers and developers to explore and contribute to the field. Through Liz's efforts to build the quantum workforce, Qiskit is now used by over 700 universities worldwide to teach the fundamentals of quantum computing. Quantum computing is entering a new phase—the ' QEC era '—marked by significant advancements in quantum error correction. As this technology matures, it presents fresh technical challenges and a growing need to empower the next generation of learners and innovators. 'The NISQ era marked the beginning of meaningful engagement with quantum computing, and Liz was at the forefront of that movement,' said Steve Brierley, CEO and Founder of Riverlane. 'Now, at the dawn of a new era for quantum computing, we see parallels and enormous opportunities to create a similar impact in quantum error correction. With Liz at the helm of our community efforts, Riverlane is well-positioned to lead this exciting new chapter.' As VP of QEC Community, Liz will focus on building a software development kit for quantum error correction along with learning resources to prepare the global quantum community for working with logical qubits and error corrected systems. 'I'm thrilled to join Riverlane, a company that's not only leading in quantum error correction but also deeply committed to building the strong, collaborative community needed to realize its full potential,' said Liz Durst. 'I'm passionate about empowering people worldwide to use and advance quantum computing. Beyond providing tools, I'm motivated by the opportunity to enable education and inclusivity, building a welcoming future workforce ready to make meaningful contributions. Having seen firsthand how thriving open-source ecosystems can drive progress, I look forward to working with Riverlane to accelerate the path to useful fault tolerant quantum computers.' Liz joins Riverlane's world-class team of quantum researchers, hardware engineers and chip designers, many of whom have spearheaded large-scale projects at companies like Amazon, ARM, and Microsoft. Together, this team represents the largest dedicated quantum error correction group globally, with close to a hundred experts working on Riverlane's core product, Deltaflow™. About Riverlane Riverlane's mission is to make quantum computing useful, sooner. This will transform the future of computing and start an era of human progress as significant as the digital and industrial revolutions. Achieving this requires a 10,000x reduction in the system errors that quickly overwhelm all quantum computers, today. Riverlane is building Deltaflow, the quantum error correction (QEC) stack, to solve this problem across all qubit types. Having assembled the world's leading experts in quantum error correction and chip design, Riverlane is now supplying over half of the world's quantum computing companies. At Deltaflow's core is the world's most powerful quantum error decoder. Deltaflow is powered by a new class of patented QEC semiconductors designed and built by Riverlane. PUB: 01/30/2025 08:05 AM/DISC: 01/30/2025 08:05 AM
