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JPMorgan Just Beat Big Tech to a Quantum Breakthrough

  • Researchers from JPMorgan Chase, Quantinuum, Argonne National Laboratory, Oak Ridge National Laboratory, and the University of Texas at Austin collaborated to demonstrate a new method of generating certified random numbers using a 56-qubit quantum computer.
  • This breakthrough addresses the challenge of converting quantum computing power into solving practical tasks, building upon a randomness protocol proposed by Scott Aaronson in 2018.
  • The team accessed a 56-qubit Quantinuum quantum computer over the internet and employed Random Circuit Sampling to create verified random bits, proving that classical methods cannot replicate this quantum randomness.
  • Marco Pistoia, Head of Global Technology Applied Research at JPMorganChase, stated, "This work marks a major milestone in quantum computing, demonstrating a solution to a real-world challenge using a quantum computer beyond the capabilities of classical supercomputers today."
  • Using high-performance supercomputers with 1.1 ExaFLOPS of processing power, the team successfully certified 71,313 entropy bits, confirming the authenticity of the generated random bits and opening doors for applications in cryptography, statistical sampling, numerical simulations, and enhanced security.
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Nature broke the news in United Kingdom on Wednesday, March 26, 2025.
Sources are mostly out of United States (2)

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