Rigetti Computing has sold its 9-qubit Novera quantum processing unit (QPU) to the University of Saskatchewan, which will use it as the core of its first quantum computing system managed by the university's quanTA Centre. This system aims to advance quantum science and technology research in Western Canada, supporting studies in quantum materials, algorithms, and architecture. The Novera QPU integrates with partner technologies and will be installed with advanced control and software systems to enable automated qubit operations. This marks a significant step for the university in becoming a key player in quantum research and innovation.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
Rigetti Computing is developing superconducting quantum computers, targeting a significant increase in qubit fidelity from 91% to 99.9% by around 2030, a milestone known as Quantum Advantage. Achieving this will enhance both the speed and accuracy of...
