JPMorgan Shows Its Chops in Quantum Computing. Here’s Why It Matters.
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The bank has growing expertise in the realm of quantum computing as applied to financial services. JPMorgan Chase (ticker: JPM) published data last week about one of its quantum-computing experiments demonstrating the bank’s growing expertise in that realm. The academic-style paper is a little Byzantine, but investors should pay attention, because they will be hearing more about quantum computing from other players , including Honeywell (HON), Microsoft (MSFT) and Google parent Alphabet (GOOGL) in the near future. “In this paper, we present a novel, canonical way to produce a quantum oracle from an algebraic expression,” the authors of the […]barrons.com