Haiqu and HSBC research team encodes ‘largest financial distributions to date’ on quantum computers

A team of Haiqu-led researchers have developed a new approach to encoding complex financial data into quantum circuits, pushing the limits of IBM’s quantum processors, according to a paper published on the pre-print server arXiv. The team reports that the method, which focuses on shallow and efficient circuit designs, could advance the use of quantum computing in finance and other industries.

In a recent LinkedIn post on the paper, the team writes: “Quantum computing cannot achieve wide utility in the near term until we can efficiently load classical data onto quantum hardware. Now, we can.”

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