Why Rigetti Computing (RGTI) Is Up 5.7% After Landing NSF-Funded TangleLab Quantum Testbed Deal

Rigetti Computing announced in July 2026 that it will partner with HPE and the Pittsburgh Supercomputing Center to build TangleLab, a hybrid supercomputing testbed funded by a US$5 million National Science Foundation grant and powered by a 9-qubit Novera quantum system integrated with classical high-performance computing. This collaboration reinforces Rigetti’s role in government-backed quantum research infrastructure, giving its Novera hardware a practical foothold in academic and public...