Marco Pistoia, former head of applied research at JPMorgan, joins IonQ as senior VP of industry relations to help corporate clients adopt quantum computing. Quantum computing has potential for advancements over traditional tech, with IonQ and competitors like Rigetti and D-Wave seeing share surges. Pistoia emphasizes the need for quantum-safe encryption to counter risks against cryptography. He believes usable quantum computers are closer, with potential collaboration with financial firms. JPMorgan has not commented on the matter.

Read more at CNBC: IonQ hires former JPMorgan Chase applied research head