Insider Brief

OQC, JPMorganChase and AMD have launched a research collaboration centered on a dedicated Quantum-AI Data Centre in London to study how quantum computing, AI and high-performance computing can be combined for financial services applications.

JPMorganChase will be the first dedicated user of the platform, which will integrate OQC’s GENESIS quantum system with AMD-supported AI and classical computing infrastructure in a secure enterprise environment expected to be operational within 12 months.

The partners will research hybrid quantum-classical use cases including portfolio optimization, quantum machine learning, AI-assisted quantum circuit improvement and the development of future financial algorithms.

PRESS RELEASE — OQC, JPMorganChase and AMD today announced a research collaboration leveraging a new and dedicated Quantum-AI Data Centre, built by OQC in London. JPMorganChase researchers will test near-term quantum and hybrid quantum-classical computing applications via a secure enterprise environment to examine how quantum computing, AI and high-performance classical infrastructure can work together on complex financial services challenges.