Companies OQC, JPMorgan Chase, and AMD have announced the launch of a research partnership program in London, centered around a dedicated Quantum-AI data center.
This facility will be used to explore quantum and hybrid computing applications within the financial sector.
The platform will integrate OQC's GENESIS quantum system with AMD's infrastructure for AI and classical computations. The ecosystem will serve as a tool for simulation, optimization, language model development, and benchmarking.
The partners aim to test quantum approaches for optimizing financial portfolios. Another focus will be on developing specialized AI models designed to enhance the performance of quantum circuits.
Additionally, they plan to investigate whether LLMs enhanced by quantum computing can accelerate the discovery of new algorithms for financial tasks, and what role classical computing will play in creating scalable, fault-tolerant quantum algorithms.
OQC CEO Gerald Malalley emphasized the need to transition from "isolated experiments" to secure computing environments for corporate clients.
AMD's CTO Mark Papermaster highlighted that progress at the intersection of quantum computing and AI requires closely integrated platforms that combine quantum systems, AI infrastructure, and high-performance computing (HPC).
In June, Japanese holding company Hamamatsu Photonics, its subsidiary NKT Photonics, and startup Yaqumo signed a memorandum of understanding to jointly develop and commercialize photonic systems intended for cold-atom quantum computers.