JPMorgan Chase Reshuffles Quantum Computing Leadership Team

According to a report by Jinse Finance, JPMorgan Chase has carried out a comprehensive restructuring of the leadership of its internal research team responsible for quantum computing and other advanced technologies. Sources revealed that former IBM inventor Marco Pistoia has recently left the company. He became the head of JPMorgan Chase's applied research group in 2020. According to an employee memo sent on Monday, JPMorgan Chase has hired Rob Otte, the Global Head of Digital Technology and Quantum Computing at State Street Bank, to succeed Pistoia.