Leveraging Modular Architecture to Accelerate Japan's AI Infrastructure Development. OSAKA, Japan, Feb. 4, 2026 /PRNewswire/ -- SuperX Industries Co., Ltd. ("SuperX"), a Japanese subsidiary of SuperX AI Technology Limited ("NASDAQ:SUPX"), today announced the signing of an Memorandum of Understanding ("MOU") on February 4, 2026 with Digital Dynamic Inc. ("DD"), eole Inc. ("eole"), and Woodman Inc. ("Woodman"). This MOU builds on the parties' prior cooperation to establish a comprehensive framework for the co ...

Group 1: Company Overview - Rigetti Computing has a market cap of $5.3 billion, trading at 670 times trailing sales while generating only $1.8 million in quarterly revenue and incurring losses of nearly $40 million per quarter [1][12]. - The company has seen a significant stock surge of 1,820% over the past 12 months, outperforming competitors like D-Wave Quantum and IonQ [1]. Group 2: Financial Performance - In Q2 2025, Rigetti's revenue fell to $1.8 million from $3.1 million a year ago, attributed to contract timing, with operating losses of $19.9 million highlighting the capital-intensive nature of the quantum computing field [6]. - Rigetti raised $350 million in Q2, ending the quarter with $571.6 million in cash and no debt, providing financial stability through 2026 [12]. Group 3: Technological Advancements - Rigetti's modular 36-qubit system achieved 99.5% median two-qubit gate fidelity, significantly improving performance by halving errors from previous models [4]. - The company's superconducting qubits operate at near absolute zero, allowing for faster operations compared to rival platforms, although competitors may offer higher fidelities and longer lifetimes [5]. Group 4: Government Support and Market Potential - Rigetti has been selected by DARPA for its Quantum Benchmarking Initiative, indicating strong government validation and support for its technology [7]. - The U.S. government is advancing significant funding initiatives for quantum computing, with approximately $2.7 billion from the National Quantum Initiative and $2.5 billion from the Department of Energy [8][9]. Group 5: Competitive Landscape - Rigetti's modular design approach is seen as a competitive advantage, allowing it to avoid yield issues associated with single-chip designs [10][11]. - The current valuation of Rigetti at 495 times trailing sales is starkly higher than traditional semiconductor companies like Nvidia, which trades at approximately 40 times forward earnings [13].