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Rigetti, a company with $11B market cap is playing in a smaller league. OpenAI will have that much in revenue this year, and has a market cap almost 50x higher.
by parsimo2010 1y ago
Rigetti, a company with $11B market cap is playing in a smaller league. OpenAI will have that much in revenue this year, and has a market cap almost 50x higher. The hype is not the same.
- SeanAnderson 1y agoYeah, that's fair. I agree RGTI (and QUBT, +100% last 6mo) both have much smaller mcaps, but they also kind of seem like (maybe?) more reflective of quantum hype than companies which have a quantum department but aren't defined by their quantum capabilities right now.
- chews 1y agoOpenAI's first half saw them with 4B in profit and 13B in loss.