IonQ, a quantum computing company with qubits based on trapped ions has announced that it will collaborate with GE (General Electric) Research to explore the impact of quantum computing and IonQ’s quantum computers in the fields of risk analysis, expected to lay the groundwork for risk management across sectors such as finance, government amongst others.
The new partnership aims to use copulas in quantum computing which can help elucidate the relationships between parameters. The aim is to look at this type of analysis to explore risk implications with the multivariate technique.
IonQ is one of the very first companies to become a pure quantum computing company listed on the stock market via a SPAC and has certainly grabbed headlines in addition to their hardware being available on many of the major Quantum computing platforms such as Amazon’s BraKet. The company will soon be the first publicly traded Quantum Computing company.