Quantum computing company OQC has joined forces with financial giant JPMorganChase and chipmaker AMD to launch a new research project in London. The alliance will focus on creating a dedicated Quantum-AI data centre to explore how advanced computing can solve complex problems in the financial sector.
The initiative will see JPMorganChase researchers examine hybrid workflows that combine quantum mechanics with traditional high-performance computing and artificial intelligence. The work will be carried out within a protected corporate data network.
The research team will focus on short-term applications of hybrid systems. Key areas of investigation include portfolio optimisation and advanced quantum machine learning. Furthermore, the partners intend to build bespoke AI models to boost the efficiency of quantum circuits and discover new financial algorithms. They will also look into how classical computing can support the transition to large-scale, fault-tolerant quantum operations.
OQC is building the London facility, which is expected to be fully functional within the next 12 months. JPMorganChase will serve as the premier anchor client for the platform. The architecture will link the OQC GENESIS quantum hardware directly with AMD’s processing units. AMD will supply the critical infrastructure required for the classical computing and AI layers, allowing researchers to evaluate system performance against rigid banking standards.
“Quantum computing has to move from isolated experiments into the secure compute environments where enterprises actually work,” said Gerald Mullally, CEO of OQC. “That is what we are building with JPMorganChase’s quantum research expertise: a dedicated quantum-AI platform for financial services that combines quantum hardware, AI and high-performance computing to support serious technical research and move the industry closer to practical quantum applications.”
The project signifies an industry shift away from standalone quantum experiments toward integrated networks capable of handling everyday corporate workloads.
“The financial services industry depends on understanding complexity, managing risk and making decisions with speed, security and confidence,” said Lori Beer, global chief information officer of JPMorganChase. “Through this partnership, our teams will have a dedicated environment to research the near-term utility of hybrid quantum-classical computing in finance and assess how quantum, AI and high-performance computing can work together to address real-world challenges.”
“Advancing quantum-AI research will require tightly integrated compute platforms that bring together quantum systems, AI infrastructure and high-performance classical computing,” said Mark Papermaster, executive vice president and chief technology officer at AMD. “AMD is pleased to support OQC and its dedicated environment, which will explore hybrid quantum-AI workflows for financial services and evaluate their performance, scalability and reproducibility in a secure enterprise setting.”
