OQC, JPMorganChase and AMD Commence Research Collaboration to Develop New Quantum-AI Platform in London

The partners will use the platform in London to conduct research on the application of near-term quantum and hybrid quantum-classical computing.

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News Summary:

  • Research integrates OQC GENESIS with AI and high-performance classical computing with JPMorganChase’s industry-leading quantum and AI R&D.

  • AMD to provide high-performance computing resources.

LONDON, June 3, 2026 – OQC, JPMorganChase and AMD today announced a research collaboration leveraging a new and dedicated Quantum-AI Data Centre, built by OQC in London. JPMorganChase researchers will test near-term quantum and hybrid quantum-classical computing applications via a secure enterprise environment to examine how quantum computing, AI and high-performance classical infrastructure can work together on complex financial services challenges.

The partners will use the platform to conduct research on the application of near-term quantum and hybrid quantum-classical computing including areas such as portfolio optimization and expanding explorations around quantum machine learning, while also developing specialized AI models to improve quantum circuit performance. The partners  also plan to investigate how these quantum-enhanced AI models can accelerate the discovery of novel algorithms purpose-built for financial use cases, and the role of classical compute toward scalable fault-tolerant quantum algorithms.

JPMorganChase will be OQC’s first dedicated user of the U.K. platform, which is expected to be fully operational within 12 months. The environment will physically integrate the OQC GENESIS quantum system with AMD-supported AI and classical compute, high-performance computing resources and application-level tooling for simulation, optimisation, AI model development and benchmarking. AMD compute technologies will provide infrastructure to support the AI and classical compute layer of the platform. By placing quantum hardware inside a secure enterprise compute environment, the platform is designed to let JPMorganChase test hybrid quantum-classical workflows for performance, scalability and reproducibility against the operational standards used in financial services.

“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 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.”

The project marks a shift from experimental quantum access toward secure, integrated infrastructure designed for real enterprise workflows, starting with financial services.

About OQC

OQC is a UK-headquartered company building quantum computers and a secure, scalable Quantum-AI Data-Centre platform for enterprise and government customers. The platform integrates quantum computing with trusted infrastructure and AI supercomputing to accelerate customer breakthroughs across science and industry. Learn more at www.oqc.tech.

About JPMorganChase

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.9 trillion in assets and $364 billion in stockholders’ equity as of March 31, 2026. With approximately 65,000 technologists globally and an annual tech investment of $19.8 billion, JPMorganChase is dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. 

Visit http://www.jpmorganchase.com/tech for more information. 

TopicsAdvanced TechnologiesArtificial Intelligence #quantum-computing
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