Key Takeaways Rigetti relies on U.S. government deals like DARPA and DoE to fund and validate its quantum tech. Lack of commercial uptake raises concerns about scalability and revenue diversification for RGTI. RGTI stock is down 14.3% YTD and trades at a high price-to-book ratio despite weak value metrics.Rigetti Computing (RGTI) continues to draw heavily from U.S. government contracts to fund and validate its quantum technologies. Some examples include a $1.5 million contract extension with the Air Force ...

Core Insights - Rigetti Computing (NASDAQ: RGTI) has seen a significant stock price increase of 15% on July 2, contributing to a nearly 70% rise over the past four months, following Cantor Fitzgerald's initiation of coverage with an Overweight rating and a $15 price target, indicating a potential further increase of about 19% from current prices [2][3] Company Overview - Rigetti specializes in quantum computing, developing superconducting quantum processors and offering cloud-based Quantum Computing as a Service (QCaaS) [4] - The company is advancing its technology with the Ankaa-3, an 84-qubit system, and aims to transition to multi-chip modules, targeting machines with over 100 qubits and the 336-Qubit Lyra by 2026 [4] Financial Performance - Despite technological advancements, Rigetti is still in the research and development phase, with CEO Subodh Kulkarni stating that commercial demand is expected to be 3–5 years away, and widespread adoption could take up to a decade [5] - The company reported a 50% year-over-year revenue decline in Q1 2025, with revenue at $1.5 million and operating losses of $21.6 million [6] Competitive Landscape - Rigetti's end-to-end approach provides flexibility in chip design and cloud access, enhancing its competitive position against rivals like IBM, IonQ, and Google [7] - The partnership with Quanta is expected to bolster commercialization potential, although competition is intensifying with advancements from Google's Willow chip and Amazon's Quantum Embark program [7] Investment Considerations - Rigetti is well-funded with over $575 million in cash, supported by a $350 million equity capital raise and a $250 million partnership with Quanta, and has no debt [6] - The company's valuation is notably high, trading at 478 times the expected sales for 2025, indicating a speculative investment environment [6][8]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

CoreWeave said it has received the market’s first artificial intelligence server system based on the newest, high-end Nvidia chip, a sign of its rising stature in the competitive AI cloud-computing space. https://t.co/iHmehJbTYn ...

Key Takeaways QBTS revenues jumped 509% YoY in Q1, driven by a $12.6M quantum system sale to a German supercomputing center. D-Wave posted a 92.5% gross margin and halved its adjusted EBITDA loss, showing improved operating leverage. A $400M equity raise at 149% premium lifted QBTS' cash to $815M, enabling expansion and strategic flexibility.D-Wave Quantum Inc. (QBTS) is demonstrating strong financial momentum, banking on increased operational scale. In the first quarter of 2025, the company reported a st ...

Israeli quantum startup Qedma just raised $26 million, with IBM joining in | TechCrunch https://t.co/bTKACQROrR ...

This niche quantum computing play could remain a divisive investment.D-Wave Quantum (QBTS 7.96%), an early mover in the quantum computing market, went public by merging with a special purpose acquisition company (SPAC) on Aug. 22, 2022. It started trading at $10, but it sank to a record low of $0.41 on May 12, 2023. At the time, its persistent dilution, steep losses, and sky-high valuation all drove away its investors. Rising interest rates and threats of a potential delisting made its volatile stock even l ...

Core Insights - Alibaba is evolving beyond its traditional identity as an "e-commerce giant," with a significant focus on AI and cloud computing as key growth drivers for the future [2][3][4] - In FY2025, Alibaba's revenue reached 996.347 billion yuan, with a net profit increase of 77% to 125.976 billion yuan, while its cloud computing revenue grew by 11% to 118 billion yuan [2][4] - The company plans to invest 380 billion yuan in AI infrastructure over the next three years, surpassing its total tech investment in the past decade [2][8] Financial Performance - Alibaba's revenue growth for the e-commerce segment was only 3% in FY2025, contrasting with the 18% year-on-year growth in cloud revenue for Q4 [2][4] - The cloud segment achieved a record revenue of 301.27 billion yuan in Q4, marking the fastest growth in three years [2] AI Strategy - Alibaba views AI as a core driver of business growth and a major opportunity for the next decade, with plans to integrate AI deeply into its operations [3][4] - The company has established a comprehensive AI ecosystem, focusing on foundational technology, commercial applications, and infrastructure [5][6] Investment and Development - Alibaba's capital expenditure for Q1 FY2025 was 24.612 billion yuan, a 120.68% increase year-on-year, with a total planned capital expenditure of 86 billion yuan for FY2025 [8] - The company is actively investing in AI startups and technologies, including leading funding rounds for several AI firms [9][10] Market Position and Future Outlook - Analysts predict that Alibaba's AI-related revenue could reach 29 billion yuan and 53 billion yuan in FY2026 and FY2027, respectively, contributing significantly to overall cloud revenue growth [7] - Alibaba's strategic investments aim to create a closed-loop system where investments in AI startups lead to increased cloud service revenues, enhancing its competitive position in the tech landscape [10][11]

产业正站在一个新的拐点——从"工具型应用"向"代理型（Agentic AI）应用"的范式转变。Gartner 将"Agentic AI"列为年度十大战略性技术趋势，并做出了一个令人深思的预测：到 2028 年，15% 的日常 工作决策将由 Agentic AI 自主完成，而这一比例在 2024 年几乎为零。 在过去几年中，AI技术经历了几个重要的发展阶段：从最初的预测AI（用于欺诈检测、风险监控 等），到助手AI（如聊天机器人），再到现在正在兴起的Agentic AI。每个阶段都带来了新的能力和可 能性。 图片系AI生成 大模型退居幕后，Agent站上C位，这是2025年AI产业的主旋律。 Agent元年的本质，是大模型技术演进曲线趋缓、市场需求从问答到执行、经济价值关注可量化ROI的 三重拐点叠加。产业的关注焦点，已从模型参数转向复杂工作流的可靠编排能力与人机责任边界定义， 当大模型的技术狂欢遭遇商业理性，Agent成为AI落地的阶段性答案。 亚马逊云科技CEO Matt Garman此前表示：Agentic AI有可能成为亚马逊云科技下一个数十亿美元规模 的业务。为此，几个月前，亚马逊云科技成立了直接向C ...

Amazon is using artificial intelligence and robotics to create new revenue streams and improve profit margins across its three businessesAmazon (AMZN -0.23%) stock returned 910% during the last decade, growing at a pace that would have turned $50,000 into more than $500,000. Wall Street remains overwhelmingly bullish on the company. Among 71 analysts, 97% have a buy rating on the stock, and the median 12-month target price of $240 per share implies 9% upside from its current share price of $220.Can Amazon s ...