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deep tech TNW May 02, 2026

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

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

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.

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