IonQ and Fidelity Center for Applied Technology Demonstrate Quantum Machine Learning for Finance on IonQ Quantum Computers

Sep 22, 2021

IonQ, Inc. (“IonQ”), a leader in quantum computing, today announced the release of a new paper in collaboration with Fidelity Center for Applied Technology (FCAT) that demonstrates how its quantum computers can outperform classical computers to generate high-quality data for use in testing financial models. Financial institutions commonly use models for asset allocation, electronic trading, and pricing, and require testing data to validate the accuracy of these models. The new technique, demonstrated by FCAT on IonQ’s latest quantum computers, has the potential to be the first class of quantum machine learning models to be deployed for broad commercial use.

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