Rigetti Computing (rgti) And Adia Lab Sign Collaboration Agreement To Develop Quantum Machine Learning Solution For Probability Distribution Classification

Rigetti Computing, Inc. and ADIA Lab have signed a collaboration agreement to design, build, execute, and optimize a quantum computing solution to address the probability distribution classification problem in quantitative finance. The collaboration aims to make use of today’s quantum computing devices to solve real-world problems and reduce the gap to the target of narrow quantum advantage. The finance sector is in a strong position to benefit from quantum computing due to the many complex use cases and potential shorter path to adoption.