Billionaire Ken Griffin Pours $4,700,000 Into Two Assets in New Bet on Future of Quantum Technology
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Billionaire Ken Griffin invests $4.7 million in Rigetti Computing and D-Wave Quantum, highlighting interest in quantum tech. Citadel's 13F filing shows positions in Rigetti and D-Wave, with shares valued at $1.6 million and $3.1 million, respectively. Rigetti's stock surged 3,750% since January 2023, D-Wave's 1,770% since January 2024. Analysts project 42% upside for Rigetti and 48% for D-Wave, despite commercial viability challenges.
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