Rigetti reported solid Q2 2026 results with $5.1M revenue and $541M in cash. Highlights include HPE collaboration and $100M U.S. funding LOI, yet the stock declined on a modest revenue miss.
AT&T will layer D-Wave’s quantum tech into AI network tools after a test cut processing from 1 hour to 15 seconds.
Trump orders fast-track quantum tech: build powerful computer by 2028 and upgrade encryption to resist future cyber threats by 2030.
IBM will build America’s first dedicated quantum foundry with $2B backing, while GlobalFoundries launches Quantum Technology Solutions supported by a $375M CHIPS award.
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.
Rigetti beat revenue, stock is volatile, quantum sector is speculative but growing, strong tech progress and solid cash position.
