Rigetti Computing Shares Skyrocket 15.4% Amidst Quantum Industry Race

Rigetti Computing shares surged 15.4% as Nobel Prize winner John Martinis expressed concern that the US quantum industry may be only "nanoseconds" ahead of China. Martinis, who has visited the White House several times, said the administration is now focusing on quantum technology, fueling speculation about government investment in quantum companies. Rigetti's market capitalization is nearly $9 billion, but its sales and losses raise concerns about its value.