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How Wells Fargo is becoming quantum-ready [Video]

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Strategic Partnerships and Alliances

Editor’s note: This is the second part of a Wells Fargo Stories series focused on quantum computing. Read part 1: “5 Big Questions on Quantum Computing Answered” and part 3: “3 Ways Quantum Computing Could Help You.”

“Wells Fargo is an amazing industry partner in the IBM Quantum Network. Their quantum researchers collaborate with us to be able to explore use cases and applications like sampling and optimization and machine learning using quantum. It’s a wonderful collaboration that we get to do.”— Dario Gil, IBM SVP and Director of Research

  • Quantum technology is still in its infancy, but Wells Fargo developers have already created nearly a dozen viable quantum algorithms or software solutions.
  • Developers use real quantum computers via IBM and other partners to build and test their work, including Wells Fargo’s industry-leading quantum simulator, SpinozaTM.
  • Quantum computing may have real, practical applications to help banks like Wells Fargo detect scams, optimize investment portfolios, and more.

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