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The use of near-quantum computers significantly enhances Goldman Sachs' business strategy by improving the efficiency and speed of risk analysis models. Currently, these models require a lot of computing power and are often done overnight. Near-quantum computers could run these simulations 100 times faster, reducing the time required for risk analysis. This allows Goldman Sachs to make quicker, more informed decisions, thereby enhancing their business strategy.
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Goldman Sachs has a new technology it plans to use to conduct its risk analysis: near-quantum computers. The current risk analysis models used by Goldman analysts take a ton of computing power and are often done overnight. While a fully quantum computer could perform these simulations a thousand times faster, this technology is still ten years away. However, near-quantum computers could run these simulations 100x faster and could be ready in five years or less.
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Have you ever wanted to run a project like Elon Musk? What about the ability to predict a project’s success like a financial analyst at Goldman Sachs?...
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