Rigetti Computing Awarded Innovate UK Grant to Develop Quantum Machine Learning Techniques for Financial Data Streams

January 19, 2024

https://www.globenewswire.com/news-release/2024/01/11/2807928/0/en/Rigetti-Computing-Awarded-Innovate-UK-Grant-to-Develop-Quantum-Machine-Learning-Techniques-for-Financial-Data-Streams.html

LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) — Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq:RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition. The consortium aims to use quantum computing to improve current classical machine learning techniques used by financial institutions to analyze complex data streams. Joining Rigetti in this work is Amazon Web Services (AWS), Imperial College London, and Standard Chartered.

Read more at globenewswire.com

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