🦄 Startups & VC 6d ago · Allison Steffens Herrera

Why a Canadian bank is trying to predict earthquakes with quantum computers

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Why a Canadian bank is trying to predict earthquakes with quantum computers
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BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are in the business of pricing risk, which is adjacent. Still, […]
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