…Interest in quantum-inspired technology has grown as executives hear about developments in true quantum computing, analysts said…

…Firms including HSBC Holdings PLC, Ally Financial Inc. and Spanish multinational bank BBVA are looking to quantum-inspired technology for near-term advantages…

…Applications of quantum-inspired optimization problems can yield solutions anywhere from 1% to 10% more accurate than existing approaches and can come to solutions anywhere from two to three times as fast, according to Troels Steenstrup, technology head of KPMG’s Global Quantum Hub…

Editor’s Note: Italicized statements are directly quoted from the source. Content may have been edited for style and clarity. Read the full article at the source by clicking on the text or image.