Moody’s launches quantum-as-a-service platform for finance
The platform allows clients to compare and benchmark quantum and classical algorithms for a given task.
According to the Moody’s Analytics website, QFStudio is a software-as-a-service offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions.
The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow from a market capitalization in the U.S. of about $138 million in 2022 to $1.2 billion by 2030.
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