HSBC has successfully tested the use of quantum-secure technology for the buying and selling of tokenised physical gold, marking a significant advancement in protecting critical financial applications from potential future quantum computing threats. This milestone is part of HSBC’s ongoing efforts to safeguard digital assets… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged hong kong, hsbc, quantinuum
In a new paper in Science Advances on May 29, researchers at JPMorgan Chase (NYSE: JPM), the U.S. Department of Energy’s (DOE) Argonne National Laboratory and Quantinuum have demonstrated clear evidence of “a quantum algorithmic speedup for the quantum approximate optimization algorithm (QAOA).” This algorithm… Read More
Read more in: Fintech, General News, Global | Tagged jpmorgan, jpmorgan chase, quantinuum, quantum, quantum computing
Honeywell (NASDAQ: HON) announced the closing of a $300 million equity fundraise for Quantinuum, the integrated quantum computing company, at a pre-money valuation of $5 billion. The investment round is anchored by Quantinuum’s strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen… Read More
Read more in: Artificial Intelligence, General News, Global | Tagged darius adamczyk, honeywell, jpmorgan, quantinuum, quantum, quantum computing, quantum technology, rajeeb hazra, toru matsui, update
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