Johnny Rice, The Motley Fool
Sun, July 26, 2026 astatine 9:45 AM CDT 5 min read
Quantum computing has been a white-hot manufacture for investors, but who's really winning the quantum computing race?
The reply depends connected what you mean by "winning." If you're asking which institution has made the astir advancement commercially, I deliberation the reply is reasonably straightforward: IonQ. But it's inactive aboriginal innings.
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If you're asking who volition physique the archetypal genuinely utile quantum computer, that's a overmuch much absorbing question, and the information is, it's overmuch excessively aboriginal to archer that conscionable yet.
Let's instrumentality a look astatine some IonQ and Rigetti Computing.
IonQ is gathering a full-stack quantum level
IonQ (NYSE: IONQ) spent the past twelvemonth transforming itself from a quantum computing developer into thing much expansive. Company absorption present describes IonQ arsenic a full-stack level spanning computing, networking, sensing, and security.
Its underlying exertion differs from galore competitors, including Rigetti. IonQ builds trapped-ion quantum computers, a plan mostly associated with precise precocious gross fidelity -- the accuracy of quantum operations -- but slower gross speeds than superconducting systems. The institution reported a 2-qubit gross fidelity of 99.99% past year.
IonQ is besides pushing aggressively into commercialized deployment aft a drawstring of large acquisitions past year. During the archetypal 4th of 2026, it sold the archetypal of its newest 256-qubit strategy and expanded income into much than 30 countries.
Rigetti is betting connected superconducting velocity
Rigetti Computing (NASDAQ: RGTI) builds superconducting quantum processors, the aforesaid wide exertion pursued by companies similar IBM and Alphabet. These systems run dramatically faster than trapped-ion machines, with gross speeds measured successful tens of nanoseconds. But they besides necessitate highly analyzable cryogenic cooling systems operating adjacent implicit zero and mostly conflict to present the aforesaid level of fidelity arsenic IonQ's trapped-ion approach.
Rigetti yet launched its 108-qubit Cepheus-1-108Q processor and demonstrated a 2-qubit gross fidelity of 99.1%. CEO Subodh Kulkarni has said the institution believes it tin scope quantum vantage -- manufacture jargon for the constituent astatine which quantum computers outperform classical computers connected commercially utile tasks -- successful astir 3 years if it reaches astir 1,000 qubits portion maintaining precocious fidelity and effectual mistake mitigation.

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