Hsbc And Quantinuum Team Up On Quantum Computing

Quantinuum, a quantum computing company, has announced a partnership with UK-based financial services major HSBC. The companies will focus on projects dealing with cybersecurity, fraud detection, and natural language processing (NLP). The collaboration aims to demonstrate the use of quantum computing-hardened cryptographic keys and post-quantum cryptographic algorithms to tackle cyber threats. Additionally, they will explore quantum machine learning (QML) and quantum natural language processing (QNLP) for fraud detection and native NLP tasks such as question answering and text similarity.