JPMorgan adjusts the senior management of its quantum computing team

According to Golden Finance, JPMorgan Chase has undergone a comprehensive restructuring of the leadership of its internal research group responsible for quantum computing and other advanced technologies. According to insiders, former IBM inventor Marco Pistoia has recently resigned. He became the head of J.P. Morgan's Applied Research Group in 2020. According to an employee memo sent on Monday, JPMorgan has hired Rob Otter, Global Head of Digital Technology and Quantum Computing at State Street Bank, to replace Pistoia.