Business Wire
BusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex Times
Back to front
OQC, JPMorgan, and AMD to Launch Quantum-AI Research Platform in London
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 17, 10:09 AM EDT

OQC, JPMorgan, and AMD to Launch Quantum-AI Research Platform in London

The collaboration, announced earlier this week, brings together quantum computing specialist OQC, JPMorganChase, and semiconductor giant AMD to build a new research platform focused on pairing quantum systems with artificial intelligence workflows.

OQC, JPMorganChase, and Advanced Micro Devices (AMD) said they are partnering to launch a Quantum-AI research platform in London, an effort aimed at exploring how quantum computing capabilities could be used alongside AI methods. The announcement, reported by Yahoo Finance, positions the project as a dedicated research environment rather than a near-term product rollout.

According to the report, the collaboration is intended to develop and test the platform, with the three organizations contributing their respective strengths in quantum technologies, large-scale AI and data work, and modern high-performance compute. The companies did not provide further detail in the coverage about the specific hardware or software stack that will power the research environment.

AMD, which is best known for designing computer processors and graphics-related accelerators used in servers and AI systems, is bringing semiconductor know-how to the effort. The company is also a major supplier of data center compute platforms, making it a natural participant for research that depends on high-throughput training and simulation workloads, even when quantum elements are in the loop.

JPMorganChase is participating as a research and technology partner, reflecting the bank’s broader pattern of investing in advanced computing themes. In the Yahoo Finance report, JPMorganChase is described as a partner in the platform build-out, indicating that the project is meant to support experimentation that could eventually inform future applications in finance and other industries, though no specific use cases were disclosed.

OQC is presented in the report as the quantum-focused counterpart. The partnership’s location, London, also matters for practical reasons: it places the teams close to a growing cluster of UK-based quantum activity, research institutions, and early-stage quantum companies. Still, the coverage does not spell out the specific sites, timelines, or participating universities or labs.

The report characterizes the platform as “Quantum-AI research,” but it does not describe the exact definition of that term within the project. Quantum-AI research can include multiple approaches, such as using quantum processors to accelerate parts of AI workflows, or using AI to help design quantum experiments and error mitigation. The announcement as described does not clarify which category the platform will prioritize first.

What is not yet clear from the disclosed information is how quickly the project will move from platform construction to measurable research results. The companies did not provide publicly stated milestones such as target demonstrations, expected performance benchmarks, or publication plans. They also did not indicate whether external researchers will have access, or whether the work is limited to internal teams.

Why It Matters

  • A Quantum-AI platform suggests increasing momentum to connect quantum research with AI toolchains, an area that is still largely experimental.
  • Big-company participation from a bank and a major chip vendor can accelerate access to compute resources and research talent, even when quantum hardware is limited.
  • London-based deployment may strengthen the UK quantum ecosystem by anchoring collaboration between industry and research communities.
  • The lack of disclosed milestones and technical specifics indicates investors and researchers will need to watch for later updates to understand the platform’s real scope and progress.

Sources

Key Facts

  • OQC, JPMorganChase, and AMD announced a collaboration to launch a Quantum-AI research platform in London.
  • The reported plan is centered on building a dedicated research environment, not launching a commercial product.
  • The Yahoo Finance report frames the effort as combining quantum computing and AI-related research.
  • AMD’s role is positioned through its semiconductor and high-performance compute expertise for research workloads.
  • JPMorganChase is described as a partner in developing and supporting the platform’s research goals.
  • The coverage does not specify the technical stack, timelines beyond the announcement window, or concrete performance targets.

Technology Related

OQC, JPMorgan, and AMD to Launch Quantum-AI Research Platform in London | The Apex Times