Rigetti Computing expands its global presence with the launch of a quantum computer in the UK

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LONDON, June 21, 2022 — Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (“Rigetti” or the “Company”), a pioneer in full-stack quantum classical computing, today announced the launch of its 32-qubit Aspen Series Quantum Computer in the UK. The system, which is Rigetti’s first UK-based quantum computer, will be available to its UK cloud partners via Rigetti QCS.

Rigetti’s 32-qubit Aspen series system will be accessible on the cloud via Rigetti QCS to Rigetti’s UK partners. Credit: Benedict Redgrove

The delivery of this system achieves a key objective of the Rigetti-led consortium to accelerate the commercialization of quantum computing in the UK. Rigetti is joined by Oxford Instruments, the University of Edinburgh, Phasecraft and Standard Chartered Bank in this initiative, and together they will continue to advance practical applications in machine learning, materials simulation and finance.

“We believe the deployment of our first UK-based quantum computer is a major step towards our vision of integrating QPUs into the fabric of the cloud,” said Chad Rigetti, Founder and CEO of Rigetti Computing. “By enabling cloud access to our QPUs, we believe our UK partners and end users will be closer to unlocking the potential of quantum computing to solve their most pressing problems and advance the UK’s vibrant quantum ecosystem. United.”

The consortium is supported by funding from the UK Government’s Quantum Technologies Challenge, led by UK Research & Innovation.

“It’s the first time we’ve been able to democratize the technology at the scale that we can now, and access to the cloud is really a fundamental accelerator for quantum computing applications. Rigetti’s 32-qubit Aspen series system supports important financial modeling of applications such as option pricing with synthetic data encapsulating all possible scenarios in a learning exercise. Today’s announcement is truly a win for the UK’s global position in quantum computing,” said Stuart Woods, Managing Director of Oxford Instruments NanoScience.

“The commissioning of this Rigetti quantum computer marks an important milestone for this project and the UK. We at Phasecraft are excited to expand our work with Rigetti and begin using this machine to test our quantum algorithms for modeling materials. Working closely with state-of-the-art quantum hardware is crucial for us to dramatically reduce the timescale of quantum advantage in this critically important area,” said Phasecraft Co-Founder Ashley Montanaro.

“The collaboration with Rigetti has been invaluable to our research activities in Edinburgh for the development of realistic verifiable applications. Having access to Rigetti’s platform, with the full support of Rigetti’s software and hardware team, is the only way to bridge the gap between algorithms and machines, which is the main challenge facing our field is currently facing. I am truly delighted that the UK system is up and running, providing new opportunities for collaboration with other R&D teams in the UK to expand the effort to explore quantum advantage,” says Professor Elham Kashefi, Director from the Quantum Software team at the University of Edinburgh and QCS Hub.

“As quantum technology matures, Standard Chartered Bank is strategically strengthening its data science teams so that the Bank is future-proofed and ready for the widespread benefits and disruptions that quantum computing is about to bring. ‘to bring. Standard Chartered and Rigetti are already experimenting with how quantum machine learning can improve volatility predictions in financial markets, and looking ahead, they seek to explore environmental, social and governance challenges at scale. Ultimately, customers and footprint communities stand to benefit from the higher quality services and capabilities brought by quantum technology,” says Elena Strbac, Global Head of Data Science Innovation at Standard Chartered Bank.

“At the heart of this program is the development of truly transformational technology and we are delighted with the progress Rigetti has made. Rigetti not only develops its technology in close collaboration with several UK organizations, but also establishes business relationships that already form a successful supply chain. The deployment of this computer and its associated cloud access marks this event not only as a major development milestone, but also as another important step towards preparing the UK for quantum,” says Roger McKinlay, Quantum Technologies Challenge Manager for Innovate UK, which is part of UKRI.

Continuing its work to advance quantum computing in the UK, Rigetti has also received two Innovate UK awards in the ISCF Commercializing Quantum Technologies Challenge. Rigetti will work alongside Riverlane to focus on Syndrome Extraction, a crucial step in quantum error correction. Additionally, Rigetti will work with Phasecraft and BT to develop quantum algorithms and software to solve optimization and constraint satisfaction problems.

About Rigetti

Rigetti is a pioneer in full-stack quantum computing. The company has been operating quantum computing in the cloud since 2017 and serves global enterprises, governments and research customers through its Rigetti Quantum Cloud Services platform. The company’s proprietary quantum classical infrastructure provides ultra-low latency integration with public and private clouds for convenient high-performance quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Rigetti was founded in 2013 by Chad Rigetti and today employs over 160 people with offices in the US, UK and Australia. Learn more about www.rigetti.com.

About Oxford Instruments NanoScience

Oxford Instruments NanoScience designs, delivers and supports state-of-the-art research tools that enable the development of quantum technologies, new materials and devices in the physical sciences. Our tools support research down to the atomic scale through the creation of cryogen-free magnetic and low-temperature environments, based on our core low and ultra-low temperature, high magnetic field and integration technologies. of systems, with ever-increasing levels of experimental preparation and measurement. Oxford Instruments NanoScience is part of the Oxford Instruments plc group.
About Phasecraft

Phasecraft is a quantum computing company founded by Toby Cubitt, John Morton and Ashley Montanaro. We deploy advanced theoretical and mathematical techniques to develop quantum computing applications that significantly outperform their classical counterparts for important practical tasks. By focusing on real-world applications with significant impact and combining theoretical advances with the development of new algorithms and access to today’s best quantum computers, we aim to realize the near-term quantum advantage. .

About the University of Edinburgh School of Computing

With over 500 academic and research staff and over 2000 teaching and research students, the School of Computing at the University of Edinburgh is one of the largest such institutes in the UK and in Europe. Research in the School of Computer Science focuses on understanding how natural and man-made systems process, store, and communicate information. The school is consistently ranked among the top 30 in the world for IT. Professor Elham Kashefi leads the Quantum Computing Research Group, the largest of its kind in the UK. The group specializes in the structure, behavior and interactions of quantum technology. Our expertise in control systems and algorithms helps companies express, verify and secure quantum computing applications. Our software capability extends quantum simulation, algorithms, optimization, machine learning, cybersecurity, programming languages, benchmarking, testing and verification techniques. The group plays a leading role in the UK quantum computing agenda and is heavily integrated into UK national programs through the QT Hubs, Innovate UK and EPSRC, as well as EU and US funded flagship projects. More information on quantum computing can be found here: https://web.inf.ed.ac.uk/quantum-informatics.

About Standard Chartered Bank

Standard Chartered Bank is a leading international banking group, present in 60 of the world’s most dynamic markets and serving clients in 85 others. Business, Enterprise and Institutional Banking Data Science Innovation Teamwith a proven research background in quantum computing and machine learning/AI, has been active in quantum computing since 2017. SC Ventures is the Bank’s fintech innovation, investment and venture capital unit, focused on developing a culture and mindset of innovation, deepening capabilities, and experimenting with new business models through an open platform and network of people and partnerships.

About Riverlane

Riverlane’s mission is to make quantum computing useful far sooner than previously imagined, beginning an era of human progress as important as the industrial and digital revolutions. To fully unlock the enormous potential of quantum computing, we need an approximately 10,000-fold increase in the size and reliability of quantum computers. We are playing a key role in achieving this goal by creating Deltaflow.OS – the operating system for quantum computing. It starts with overcoming the biggest hurdle in quantum computing today: quantum error correction. This can accelerate the development of useful, fault-tolerant, and commercially viable quantum computers by up to a decade. Being hardware-obsessed and business-driven, we work closely with leading quantum hardware companies representing each qubit technology. We are backed by venture capital funds from Molten Ventures, Cambridge Innovation Capital, Amadeus Capital Partners and the University of Cambridge.


Source: Rigetti Computing

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