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Rigetti Computing Announces Commercial Availability of 80-Qubit Aspen-M System and Results of CLOPS Speed Tests

BERKELEY, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Rigetti Holdings, Inc. (“Rigetti”), a pioneer in hybrid quantum-classical computing, today announced the commercial availability of its 80-qubit quantum system, Aspen-M. The system is available today to the company’s direct and distribution customers through Rigetti Quantum Cloud Services (QCS). Rigetti also reported results of system speed tests run on Aspen-M.

“Last year we introduced the world to our proprietary multi-chip technology. We believe our approach to building quantum computers has tremendous advantages, including allowing us to meet the challenges of scaling to systems capable of solving real-world problems,” said Rigetti founder and CEO, Chad Rigetti. “Aspen-M is our first commercial system based on this multi-chip technology. Today, we are excited to make Aspen-M generally available to our customers and to release the initial results of system speed tests run on Aspen-M through our production platform.”

Aspen-M System Availability

Aspen-M is now available on Rigetti Quantum Cloud Services and will support a number of Rigetti collaborations taking place with both enterprise and public sector customers including Nasdaq, Deloitte, DARPA and the U.S. Department of Energy. Beginning today, Aspen-M will also be available to end users on Amazon Braket, marking the latest in a series of increasingly powerful Rigetti systems offered through the service since Amazon Braket’s launch in 2019. In addition, Rigetti expects the 80-qubit system to be available through Azure Quantum, Strangeworks QC™ and Zapata’s Orquestra™ platform in the coming months.

Aspen-M’s System Speed Tests

Circuit layer operations per second, or CLOPS, characterizes quantum processing speeds inclusive of gate speeds, reprogrammability, and co-processing capabilities, among other factors. Rigetti has customarily tracked gate speed as a key speed metric. CLOPS is designed to characterize how many circuits can run on a quantum computing system in a given unit of time. It leverages the quantum resources on a device to run a collection of circuits as fast as possible, while stressing all parts of the execution pipeline. CLOPS was initially developed and published by IBM in October 2021.

Rigetti reported today its results based on CLOPS for its most recent 40-qubit system, Aspen-11, and for its 80-qubit Aspen-M system. Conducting tests based on 100 shots, as set forth in the original published definition, the 40-qubit Aspen-11 system demonstrated a CLOPS of 844, while the 80-qubit Aspen-M system demonstrated a CLOPS of 892. These results suggest that current Rigetti systems perform as well or better on this CLOPS speed test as the number of qubits in the system increases. By comparison, IBM’s published CLOPS scores for systems with 5, 27, and 65 qubits were 1419, 951, and 753, respectively, as of the October 2021 publishing date.

To reflect what users can potentially expect in typical use cases, Rigetti also evaluated CLOPS using 1000 shots. In this case, Aspen-11 performed at 7512 CLOPS and Aspen-M performed at 8333 CLOPS, demonstrating that comparable or better system speed persists at both higher shot counts and higher qubit counts. These speed tests were conducted using the production Rigetti QCS environment.

CLOPS is calculated as M × K × S × D / time taken where: M = number of templates = 100; K = number of parameter updates = 10; S = number of shots = 100 (or 1000); and D = number of QV layers = log2 QV.  To Rigetti’s knowledge, CLOPS as a speed test has not been investigated or verified by any independent third party.  In addition, while Rigetti applied the above formula in testing the speed of Aspen-M and Aspen-11, there is no guarantee that Rigetti applied the test in the same way as IBM and, as a result, any variability in the application of the test as between Rigetti, IBM or others in the industry that may apply CLOPS in the future could render CLOPS scores incomparable and actual relative performance may materially differ from reported results.

Other than IBM, others in the industry have not announced CLOPS as a speed test. As a result, the speed of other competitors as measured by CLOPS is not currently known. In addition, the solution accuracy provided by quantum computers is another key factor, and a quantum computer that may be slower may be preferable to users if it provides a more accurate answer for certain applications. Moreover, the relative leads reflected by speed tests such as CLOPS can change as new generations of quantum computers are introduced by industry participants and, consequently, any advantages cannot be considered permanent and can be expected to change from time to time. Current CLOPS tests may not be indicative of the results of future tests.

Additional Information and Where to Find It

Supernova has filed a registration statement on Form S-4 (as amended, the “Form S-4”) with the SEC, which includes a proxy statement/prospectus, that is both the proxy statement to be distributed to holders of Supernova’s ordinary shares in connection with its solicitation of proxies for the vote by Supernova’s shareholders with respect to the proposed business combination and other matters as may be described in the registration statement, as well as the prospectus relating to the offer and sale of the securities to be issued in the business combination. Supernova has mailed a definitive proxy statement/prospectus and other relevant documents to its shareholders. This communication does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. Supernova’s shareholders and other interested persons are advised to read the definitive proxy statement/prospectus and other documents filed in connection with the proposed business combination, as these materials will contain important information about Rigetti, Supernova and the business combination. The Registration Statement was declared effective by the SEC on February 9, 2022 and the definitive proxy statement/prospectus and other relevant documents were mailed to shareholders of Supernova as of the record date established for voting on the proposed Business Combination and the other proposals regarding the Business Combination. Shareholders are able to obtain copies of the definitive proxy statement and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Supernova’s secretary at 4301 50th Street NW, Suite 300 PMB 1044, Washington, D.C. 20016, (202) 918-7050.

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