EY Makes Quantum Leap: Global Consultancy Installs On-Premises Quantum Computer

Ernst & Young has become the first Big Four consultancy to operate an on-premises quantum computer, installed in its Toronto office. This $3 billion investment aims to enhance capabilities in AI and quantum technologies, particularly for regulated industries. By processing data within Canadian borders, it addresses compliance and latency issues of cloud quantum computing, ensuring clients' sensitive workloads are managed securely.