Rigetti Computing (RGTI) Hits 8-Month High

Group 1 - Rigetti Computing, Inc. (NASDAQ:RGTI) achieved an eighth-month high in share prices, closing up by 14.38% at $19.09, with intra-day trading reaching $20.13, just $1.29 below its 52-week peak of $21.42 [1] - The company announced a collaboration with the Centre for Development of Advanced Computing (C-DAC) in India to co-develop hybrid quantum computing systems aimed at supporting government laboratories and academic research in quantum computing [2] - CEO Subodh Kulkarni emphasized the potential of combining C-DAC's high-performance computing expertise with Rigetti's superconducting quantum computing systems to advance hybrid computing technology [3]