The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Founded Year

2021

Stage

IPO | Merged

Valuation

$0000 

About Supernova Partners Acquisition Company II

Supernova Partners Acquisition Company II (NYSE: SNIIU) is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Supernova Partners Acquisition Company II Headquarter Location

4301 50th Street NW Suite 300

Washington, DC, 20016,

United States

202-918-7050

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Latest Supernova Partners Acquisition Company II News

Rigetti Computing Closes SPAC Deal, Debuts on Nasdaq

Mar 2, 2022

March 2, 2022 BERKELEY, Calif., March 2, 2022 — Rigetti Computing (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, and Supernova Partners Acquisition Company II, Ltd. (“Supernova”) (NYSE: SNII), a special purpose acquisition company, today announced the completion of their Business Combination (the “Business Combination”). The Business Combination was approved by Supernova’s shareholders at Supernova’s Extraordinary General Meeting held on February 28, 2022. In connection with the closing, Supernova changed its name to “Rigetti Computing, Inc.” Starting this morning, Rigetti’s common stock and warrants will trade on the Nasdaq Capital Market under the ticker symbols “RGTI” and “RGTIW,” respectively. At the closing of the Business Combination, Rigetti received gross proceeds of approximately $261.75 million. The Company plans to use the net proceeds to accelerate its development of multiple generations of quantum processors, expand its operations, and for general corporate purposes. Rigetti is on a mission to build the world’s most powerful quantum computers to help solve humanity’s most important and pressing problems. As an industry pioneer, Rigetti has achieved a number of industry firsts, including the first multi-chip quantum processor for scalable quantum computing systems and the most recent commercial launch of its 80-qubit Aspen-M machine, which is the world’s second largest gate-model quantum computer and largest gate-model quantum computer available on Amazon Bracket today. In addition, Rigetti has a growing partnership base and strong portfolio of patents and patents pending up and down the quantum computing technology stack. “Today marks a key milestone for Rigetti and the quantum computing industry as a whole,” remarked Chad Rigetti, founder and CEO of Rigetti. “We believe this transaction will help us to accelerate our momentum and make strides toward our goal of narrow Quantum Advantage. We are grateful for the unwavering support of our investors, customers, and teammates throughout this process and look forward to keeping everyone up-to-date on our progress in the years ahead.” Michael Clifton, co-founder of Supernova and now a Rigetti Director, commented, “Rigetti is a trailblazer with technology leadership and the demonstrated ability to innovate. These features, alongside its deep patent portfolio, excellent partnership base, and expected traction with real-world problems, should position it to make critical advances in this transformative technology field. I am excited to support Rigetti as it continues to push forward the boundaries of what’s computationally possible.” Rigetti believes that quantum computing is not just an incremental advance in computational power, but has the potential to be a phase change. Rigetti further believes its full vertical integration, patented modular chip architecture, superior technical approach, and deep partnership base all set the stage for it to reach key industry milestones. The Company plans to drive further advancements in areas it expects to be most ready for transformative technology. Advisors Deutsche Bank Securities Inc. served as exclusive financial advisor to Rigetti. Cooley LLP served as legal counsel to Rigetti. Morgan Stanley & Co. LLC served as exclusive financial advisor to Supernova II. Latham & Watkins LLP served as legal counsel to Supernova II. Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. served as placement agents to Supernova II for the initial and follow-on round of PIPE financing. Sidley Austin LLP served as counsel to the placement agents. About Rigetti Computing Rigetti Computing is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government and research clients through its Rigetti Quantum Cloud Services platform. The Company’s proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Rigetti was founded in 2013 by Chad Rigetti and today employs more than 140 people with offices in the United States, U.K. and Australia. Learn more at  www.rigetti.com . Source: Rigetti March 2, 2022 A new industry consortium aims to establish a die-to-die interconnect standard – Universal Chiplet Interconnect Express (UCIe) – in support of an open chiplet ecosystem. Intel Corporation donated the UCIe 1.0 spec, w Read more… March 1, 2022 Singapore has worked hard to make its mark in the supercomputing world, predominantly through its National Supercomputing Center (NSCC). Now, at the SupercomputingAsia 2022 (SCA22) conference—itself hosted in Singapore Read more… March 1, 2022 In this monthly feature, we’ll keep you up-to-date on the latest career developments for individuals in the high-performance computing community. Whether it’s a promotion, new company hire, or even an accolade, we’ Read more… March 1, 2022 One of the very few serious side effects to emerge from any of the (broadly miraculous) Covid-19 vaccines has been the emergence of blood clotting, common only among adenovirus-based vaccines like those offered by AstraZ Read more… February 28, 2022 University-purchased High Performance Computing (HPC) systems are typically funded to support principal investigators and their teams. But in 2014, the Center for Computational Research (CCR) at the University at Buffalo (UB) created a dedicated cluster to give businesses of Western New York access to large-scale computing resources they would either have to build on their own using public cloud services... Read more… AWS Solution Channel Introduction Monte Carlo methods are a class of methods based on the idea of sampling to study mathematical problems for which analytical solutions may be unavailable. Read more… February 28, 2022 Permafrost covers more than 10 percent of the planet and stores vast amounts of carbon in frozen soil, making it a crucial—and dangerous—carbon sink. Understanding how (and why) permafrost is changing with the climat Read more… March 2, 2022 A new industry consortium aims to establish a die-to-die interconnect standard – Universal Chiplet Interconnect Express (UCIe) – in support of an open chipl Read more… March 1, 2022 Singapore has worked hard to make its mark in the supercomputing world, predominantly through its National Supercomputing Center (NSCC). Now, at the Supercomput Read more… February 28, 2022 University-purchased High Performance Computing (HPC) systems are typically funded to support principal investigators and their teams. But in 2014, the Center for Computational Research (CCR) at the University at Buffalo (UB) created a dedicated cluster to give businesses of Western New York access to large-scale computing resources they would either have to build on their own using public cloud services... Read more… February 25, 2022 Historically, India has struggled to establish an advantage in supercomputing—but its government is looking to change that with the announcement of a slew of new supercomputers and new, homegrown technology, including its "Rudra" server platform. India’s Ministry of Science & Technology announced this week that it is planning to deploy nine new supercomputers this year... Read more… February 24, 2022 In science fiction and future studies, the word “singularity” is invoked in reference to a rapidly snowballing artificial intelligence that, repeatedly iterating on itself, eclipses all human knowledge and ability. It is this word that Microsoft—perhaps ambitiously—has invoked for its new AI project, a “globally distributed scheduling service for highly efficient and reliable execution of deep learning training and inference workloads.” Read more… February 24, 2022 Technology heavyweight Hewlett Packard Enterprise and optical IO startup Ayar Labs have embarked on a strategic collaboration to advance silicon photonics in the datacenter and integrate optical IO into a future generation of HPE’s Slingshot interconnect. Optical-based interconnects are essential to overcoming the bandwidth, latency, power and distance... Read more… February 23, 2022 AI chip and systems specialist SambaNova today announced a new offering – SambaNova GPT Banking – intended to simplify and speed deployment of GPT models in the financial services industry. The new service is available now and becomes part of SambaNova’s expanding dataflow-as-a-service portfolio although pricing was not disclosed. “Think of dataflow-as-a-service as the umbrella product family... Read more… February 18, 2022 Intel held its 2022 investor meeting yesterday, covering everything from the imminent Sapphire Rapids CPUs to the hotly anticipated (and delayed) Ponte Vecchio GPUs. But somewhat buried in its summary of the meeting was a new namedrop: “Falcon Shores,” described as “a new architecture that will bring x86 and Xe GPU together into a single socket.” The reveal was... Read more… November 3, 2021 On October 1 of this year, IonQ became the first pure-play quantum computing start-up to go public. At this writing, the stock (NYSE: IONQ) was around $15 and its market capitalization was roughly $2.89 billion. Co-founder and chief scientist Chris Monroe says it was fun to have a few of the company’s roughly 100 employees travel to New York to ring the opening bell of the New York Stock... Read more… November 8, 2021 At a virtual event this morning, AMD CEO Lisa Su unveiled the company’s latest and much-anticipated server products: the new Milan-X CPU, which leverages AMD’s new 3D V-Cache technology; and its new Instinct MI200 GPU, which provides up to 220 compute units across two Infinity Fabric-connected dies, delivering an astounding 47.9 peak double-precision teraflops. “We're in a high-performance computing megacycle, driven by the growing need to deploy additional compute performance... Read more… January 10, 2022 Graphics chip powerhouse Nvidia today announced that it has acquired HPC cluster management company Bright Computing for an undisclosed sum. Unlike Nvidia’s bid to purchase semiconductor IP company Arm, which has been stymied by regulatory challenges, the Bright deal is a straightforward acquisition that aims to expand... Read more… January 24, 2022 Fresh off its rebrand last October, Meta (née Facebook) is putting muscle behind its vision of a metaversal future with a massive new AI supercomputer called the AI Research SuperCluster (RSC). Meta says that RSC will be used to help build new AI models, develop augmented reality tools, seamlessly analyze multimedia data and more. The supercomputer’s... Read more… November 24, 2021 Details about two previously rumored Chinese exascale systems came to light during last week’s SC21 proceedings. Asked about these systems during the Top500 media briefing on Monday, Nov. 15, list author and co-founder Jack Dongarra indicated he was aware of some very impressive results, but withheld comment when asked directly if he had... Read more… February 3, 2022 IBM today announced it will deploy its first quantum computer in Canada, putting Canada on a short list of countries that will have access to an IBM Quantum Sys Read more… December 27, 2021 Today, the LLVM compiler infrastructure world is essentially inescapable in HPC. But back in the 2000 timeframe, LLVM (low level virtual machine) was just getting its start as a new way of thinking about how to overcome shortcomings in the Java Virtual Machine. At the time, Chris Lattner was a graduate student of... Read more… More Editor's Picks November 18, 2021 Today at the hybrid virtual/in-person SC21 conference, the organizers announced the winners of the 2021 ACM Gordon Bell Prize: a team of Chinese researchers leveraging the new exascale Sunway system to simulate quantum circuits. The Gordon Bell Prize, which comes with an award of $10,000 courtesy of HPC pioneer Gordon Bell, is awarded annually... Read more… February 3, 2022 Just about a month ago, Pfizer scored its second huge win of the pandemic when the U.S. Food and Drug Administration issued another emergency use authorization Read more… November 15, 2021 No exascale for you* -- at least, not within the High-Performance Linpack (HPL) territory of the latest Top500 list, issued today from the 33rd annual Supercomputing Conference (SC21), held in-person in St. Louis, Mo., and virtually, from Nov. 14–19. "We were hoping to have the first exascale system on this list but that didn’t happen," said Top500 co-author... Read more… January 13, 2021 The rapid adoption of Julia, the open source, high level programing language with roots at MIT, shows no sign of slowing according to data from Julialang.org. I Read more… December 1, 2021 MLCommons today released its fifth round of MLPerf training benchmark results with Nvidia GPUs again dominating. That said, a few other AI accelerator companies Read more… December 16, 2021 As Intel, HPE, and Argonne National Laboratory drive toward a 2022 delivery of the Aurora leadership-class supercomputer, HPCwire spoke with Dr. Robert Wisniewski, Intel Fellow: SuperCompute Software, Aurora technical lead and PI, to learn about Intel’s Borealis testbed for Aurora. Wisniewski also explains why he views High Bandwidth Memory as a game-changer for HPC. Read more… November 15, 2021 HPE – working with France’s HPC agency, GENCI, and its National Computing Center for Higher Education, CINES – announced a stellar win today at SC21: it will build France’s 70 peak petaflops Adastra supercomputer, scheduling another leading system for delivery in Europe on the heels of a string of EuroHPC system debuts. The system, slated for delivery and... Read more…

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