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Sarah Holzmann

Rigetti Computing CEO Speaks Out After Major Quantum Computing Stocks Rally: ‘We Have to Tamp Down on Expectations’

Rigetti Rigetti Computing RGTI Subodh Kulkarni

In a new interview with Yahoo Finance, Rigetti Computing (RGTI) CEO Subodh Kulkarni had a message for investors. “It’s still not the time to talk about sales and sales growth because we are still very much in the technology development mode,” he told Yahoo. “We have to get the technology perfected before we can start seeing real material difference in sales.” 

However, Kulkarni is still pounding the table on his quantum computing startup. Rigetti Computing shares have gained nearly 900% over the past 52 weeks, and are up 1,157% over the past three months. The exec is confident that his company has enough cash on hand to fund its current research and development, and isn’t sweating recent comments from Nvidia (NVDA) CEO Jensen Huang, who cautioned that the most useful quantum computers may be 15-30 years away. 

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