Press Releases

Citi and Classiq advance quantum solutions for portfolio optimization using Amazon Braket

8
February
,
2024

Citi Innovation Labs, a group tasked with identifying and harnessing emerging technology for Citi, partnered with Classiq on this project for their expertise and support. Classiq’s stack allows modeling at a higher level of abstraction tailored for quantum software development, bridging the gap between the quantum information and financial worlds, offering access to subject-matter experts and tools that make it easy to design quantum algorithms. Classiq uses Amazon Braket to access on-demand simulators and quantum processing units (QPUs).

In this post, we’ll describe our results using quantum computers to study portfolio optimization with the Israel-based startup, Classiq.

Read the full press release from Amazon AWS here.

Citi Innovation Labs, a group tasked with identifying and harnessing emerging technology for Citi, partnered with Classiq on this project for their expertise and support. Classiq’s stack allows modeling at a higher level of abstraction tailored for quantum software development, bridging the gap between the quantum information and financial worlds, offering access to subject-matter experts and tools that make it easy to design quantum algorithms. Classiq uses Amazon Braket to access on-demand simulators and quantum processing units (QPUs).

In this post, we’ll describe our results using quantum computers to study portfolio optimization with the Israel-based startup, Classiq.

Read the full press release from Amazon AWS here.

About "The Qubit Guy's Podcast"

Hosted by The Qubit Guy (Yuval Boger, our Chief Marketing Officer), the podcast hosts thought leaders in quantum computing to discuss business and technical questions that impact the quantum computing ecosystem. Our guests provide interesting insights about quantum computer software and algorithm, quantum computer hardware, key applications for quantum computing, market studies of the quantum industry and more.

If you would like to suggest a guest for the podcast, please contact us.

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