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SC Ventures and Fujitsu Partner to Launch Project Quanta

SC Ventures, the innovation and venture arm of Standard Chartered Bank, and Fujitsu, a global leader in quantum hardware and software, announced on September 25 that they are joining forces to incubate Project Quanta. The initiative aims to create a platform that integrates multiple quantum software and hardware technologies, enabling clients to rapidly explore, build, and deploy quantum computing and quantum-inspired applications. Project Quanta will combine Fujitsu’s advanced quantum R&D capabilities, including expertise in algorithms, software development, and superconducting quantum hardware, with SC Ventures’ venture-building expertise and financial industry insights. Together, the partners intend to accelerate the creation of quantum use cases, intellectual property, and new value propositions across sectors. The platform will provide users with a development environment and access to pre-built algorithms for high-value applications such as fraud…