THE DAY, IN CONTEXTPolaris InsightsAn AI-powered comprehensive news portal

POLARIS INSIGHTS

Prediction: Rigetti Computing Stock Is Going to Sink After Nov. 10

Quantum computers have the potential to outperform traditional computers in data-intensive areas like science and cryptography, because they can use a concept called superposition to simulate several solutions to a given problem at the same time. However, even the most sophisticated quantum computers available today still make too many errors to solve real-world problems. As one of the industry leaders, Rigetti Computing (NASDAQ: RGTI) is making strides, but the company is burning through a ton of cash because it's investing aggressively in research and development while bringing in minimal revenue.

Read the full account of the story

More from the Markets desk

More from Markets · Back to Polaris Insights