/Amazon%20-%20Image%20by%20bluestork%20via%20Shutterstock.jpg)
While the race to define the next era of technology continues, JPMorgan Chase (JPM) has just made its move. The banking giant is staking its chips on quantum computing. Under its sweeping “Security and Resiliency Initiative,” JPMorgan plans to deploy $10 billion into frontier technologies, including quantum, as part of a $1.5 trillion decade-long push into strategic sectors.
JPMorgan said it will back companies across all growth stages through financing, advisory support, and capital investment. CEO Jamie Dimon emphasized reducing U.S. dependence on unreliable foreign sources for critical resources and technologies essential to national security.