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Updated · Bloomberg · May 1Kristin Milchanowski receives provisional patent for quantum earthquake prediction algorithm
8 articles · Updated · Bloomberg · May 1
- Milchanowski, BMO's chief AI and quantum officer, said the tool could help the bank and scientists forecast earthquakes.
- Bank of Montreal is also using AI to position mobile banking units for communities hit by wildfires, including after last year's Los Angeles fires.
- The projects form part of BMO's broader push to apply advanced computing to disaster response as the Canadian lender expands in the United States.
Can a bank's patented algorithm truly solve earthquake prediction, a challenge that has stumped scientists for decades? As banks race for quantum advantage, are they prepared for the 'cybersecurity apocalypse' this new technology could unleash?