Quantum computing firm IonQ hires former JPMorgan Chase applied research head

Quantum computing firm IonQ hires former JPMorgan Chase applied research head


Key Points
  • IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned.
  • Marco Pistoia, who was head of JPMorgan’s internal research group from 2020 to this year, will be joining IonQ as senior vice president of industry relations.
  • In his new role, Pistoia will report directly to IonQ CEO Niccolo de Masi and focus on helping corporations adopt both quantum computing and quantum-safe encryption.



Source

China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year
Finance

China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year

Key Points Baidu added OpenClaw to its search app for 700 million users. Previously, the AI agent could only be accessed from chat-based apps such as WhatsApp or Telegram. The integration comes as Chinese tech companies compete for new AI users ahead of the Lunar New Year holiday. Source

Read More
Stocks making the biggest moves after hours: Rivian, Applied Materials, Airbnb, Pinterest, DraftKings & more
Finance

Stocks making the biggest moves after hours: Rivian, Applied Materials, Airbnb, Pinterest, DraftKings & more

Check out the companies making headlines in after-hours trading. Applied Materials — The California-based semiconductor equipment company jumped 11% on the back of blowout earnings results. Applied Materials reported adjusted earnings of $2.38 per share on revenue of $7.01 billion, while analysts polled by LSEG expected earnings of $2.20 per share on revenue of $6.87 […]

Read More
Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more
Finance

Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more

Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. The earnings outlook for the […]

Read More