FirstQFM, in collaboration with SW7 Group and Rigetti Computing, has successfully demonstrated a financial forecasting pilot using quantum reservoir computing (QRC) on Rigetti’s 108-qubit processor. This QRC system outperformed classical machine learning models and time-series foundation models in financial benchmarks, achieving significantly higher cumulative gross profit and loss and Sharpe ratios. The study highlights QRC as a promising and latency-efficient approach for deploying NISQ processors in quantitative finance, despite not claiming general quantum advantage.
The post FirstQFM Demonstrates Quantum Reservoir Computing on Rigetti’s 108-Qubit Processor to Outperform Classical Financial Benchmarks appeared first on Quantum Computing Report .