Rigetti Computing Inc's first-quarter 2024 results reflect a notable 39% year-over-year revenue growth, driven by expanding sales in its quantum processor unit (QPU) segment. While the company's revenue increased to $3.1 million from $2.2 million in Q1 2023, it still reported a net loss of $20.8 million, slightly improving from $23.4 million in the same period last year. Rigetti's management highlighted promising technological advancements, including achieving a remarkable 99.3% median gate fidelity in their 9-qubit quantum system, setting the stage for launching the larger 84-qubit Ankaa 3 system later this year. Overall, the earnings call indicated a strategic pivot towards enhancing hardware sales while fostering vital partnerships across the growing quantum ecosystem.