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Chad Rigetti

Chad Rigetti is a physicist and entrepreneur who founded the quantum computing company Rigetti Computing in 2013 and served as its president and CEO until December 2022, the year the company went public; in 2024 he co-founded Sygaldry Technologies, which makes quantum-accelerated AI servers, with Idalia Friedson.

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Key facts

Education and IBM

Founding Rigetti Computing

In 2013 Rigetti founded Rigetti Computing, based in Berkeley, California, to build a full quantum computing stack based on superconducting qubits, competing with GoogleGoogleGoogle is an American technology company founded by Larry Page and Sergey Brin and incorporated in 1998. It became an Alphabet subsidiary in 2015. Its businesses include internet search, advertising, software platforms, cloud computing, and artificial intelligence.Open the full entry, IBM and Intel; the company joined Y Combinator’s Summer 2014 batch (S14).⁠[1][2]

Appearance on the a16z Podcast

On May 13, 2017, Andreessen HorowitzAndreessen HorowitzAndreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. It invests from the seed stage through the growth stage and provides operational support to its portfolio companies.Open the full entry (a16z) published the podcast episode “a16z Podcast: Quantum Computing, Now and Next” on its website, featuring Rigetti, founder and CEO of Rigetti Computing, in conversation with a16z’s Chris DixonChris DixonChris Dixon is a programmer, entrepreneur, and venture capitalist, and the founder and managing partner of a16z crypto. He co-founded SiteAdvisor and Hunch, helped create Founder Collective, and later joined Andreessen Horowitz, investing in technology companies such as Coinbase. He is also the author of Read Write Own and has long written about blockchains, network ownership, the open internet, and the combination of AI and crypto.Open the full entry. The episode discussed whether Moore’s Law has reached diminishing returns, progress driven by specialized hardware such as GPUs, FPGAs and neuromorphic chips, why classical machines are constrained to binary logic while nature follows quantum mechanics, hard problems such as computational chemistry and large-scale optimization, what quantum computing actually involves and where it stands, the need for hybrid classical-quantum approaches, the companies, countries and people in the field, how a startup can compete, and the application “flywheel.” Summarizing the limits of classical machines, the show notes say: “So our smart machines are really quite dumb.” The episode was uploaded to the a16z YouTubeYouTubeYouTube is Google’s video-sharing and creator platform, founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim and acquired by Google in 2006. Built around video uploading, viewing, and creator earnings, the platform has developed Shorts, YouTube Music, Premium, YouTube TV, and products for children, and is headquartered in San Bruno, California, United States.Open the full entry channel on January 1, 2019.⁠[3][4]

Forest and Quantum Cloud Services

Rigetti Computing released its Forest 1.0 platform and an 8-qubit processor in June 2017 and a 19-qubit processor in December 2017, announced Quantum Cloud Services and Forest 2.0 in September 2018, and planned a 128-qubit processor for August 2019. As of November 2018 it had raised almost $120 million in venture capital.⁠[1]

In a 2018 interview he said, “Superconducting is best suited for building scalable quantum processing hardware, in my judgment,” and “Quantum advantage will be quantum computing's Wright Brothers–Kitty Hawk moment.”⁠[1]

Public Listing and Stepping Down as CEO

On November 3, 2022, the company announced that Rigetti would step down as president and CEO, remaining until a successor took over and then focusing on the company’s products and technology. He said, “I'm incredibly proud of the accomplishments of our team over the past 9+ years.” The company later said he intended to resign as president, CEO and director, with an anticipated effective date of December 15, 2022.⁠[6][5]

Co-founding Sygaldry Technologies

In 2024 Rigetti co-founded Sygaldry Technologies with Idalia Friedson to make quantum-accelerated AI servers, with employees based in Ann Arbor, Michigan.⁠[7]

Related Organizations, Websites, and Public Accounts

Rigetti Computing: Official website: https://www.rigetti.com/ (opens in a new window).⁠[5]

Sources

  1. Chad Rigetti on the Race for Quantum Advantage (opens in a new window)
  2. Congrats to Rigetti Computing (YC S14) on going public! (opens in a new window)
  3. a16z Podcast: Quantum Computing, Now and Next (opens in a new window)
  4. a16z Podcast | Quantum Computing, Now and Next (opens in a new window)
  5. Rigetti Computing announces update to CEO leadership transition (opens in a new window)
  6. Chad Rigetti to Step Down as Rigetti Computing’s President and CEO (opens in a new window)
  7. Sygaldry Technologies: quantum-accelerated AI servers (opens in a new window)