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BMO to Deploy Quantum Computing Technology by Year's End, Says Chief AI Officer

Summary by PYMNTS.com
BMO Financial Group, one of the largest banks in North America with $1.4 trillion in total assets, is getting ready to reap the benefits of quantum computing by the end of the year. That’s according to Kristin Milchanowski, BMO’s chief artificial intelligence (AI) and data officer. Last month, BMO — the parent of BMO Capital and BMO Wealth Management —  joined the IBM Quantum Network to gain access to its advanced quantum infrastructure. This wo…
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PYMNTS.comPYMNTS.com

BMO to Deploy Quantum Computing Technology by Year's End, Says Chief AI Officer

BMO Financial Group, one of the largest banks in North America with $1.4 trillion in total assets, is getting ready to reap the benefits of quantum computing by the end of the year. That’s according to Kristin Milchanowski, BMO’s chief artificial intelligence (AI) and data officer. Last month, BMO — the parent of BMO Capital and BMO Wealth Management —  joined the IBM Quantum Network to gain access to its advanced quantum infrastructure. This wo…

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PYMNTS.com broke the news in on Monday, March 3, 2025.
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