As AI reshapes business, traditional data storage is no longer enough. Enterprises must adopt lifecycle management to secure, ...
HSBC has claimed a global first in financial tech after using IBM’s quantum chip to increase bond price prediction accuracy ...
HSBC Holdings plc (NYSE: HSBC) announced on Thursday that it has produced the world’s first empirical evidence showing quantum computers can add measurable value in real-world financial markets.
HSBC said it used IBM's quantum tech in bond trading. IBM stock popped on the news as investors cheered real-world use for quantum computing.
IBM (IBM) stock gained over 5% on Thursday mid-morning after HSBC Holdings plc (HSBC) revealed results from a breakthrough quantum computing experiment conducted alongside the tech giant. The ...