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Leading European Investor Says Quantum Computing is a Top Bet

Xavier Rolet
Xavier Rolet
Xavier Rolet, former head of the London Stock Exchange, says quantum computing’s power to revolutionize the world makes it a solid investment bet. (Wikimedia: Xrolet)

One of Europe’s most respected financiers has a two-word piece of advice for investors seeking the tech sector’s next big thing: quantum computing

Xavier Rolet, former boss of the London Stock Exchange (LSE) and new chairman of stockbroker at Shore Capital’s capital markets business, told the Standard that quantum computing is one of the hottest sectors in technology right now.

“Quantum computing will revolutionize that industry,” he told the newspaper.

When Rolet, a former Goldman Sachs trader, talks tech, people listen, according to the paper. With a deep interest in technological advances, Rolet initiated a project at LSE open access to its systems and capture the custom of the computer-driven trading firms using algorithms to invest.

As an angel investor, Rolet has already backed businesses in the quantum industry. He said he believes the potential new generation of supercomputers, capable of calculating multiple outcomes simultaneously, will revolutionize the world.

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“We are on the verge of quantum computing and quantum communications breaking out into our daily lives over the next two or three years,” Rolet said. “They are going to be far more deeply revolutionary over almost everything we do even than scientists expect.”

He cited, “instant communication regardless of the distance between two points, teleportation, and simultaneous entangled computing” as reasons why it makes a particularly interesting investment. The trader added that quantum computing’s ability to handle complicated calculations with massive amounts of data would prove critical to industries such as pharmaceuticals, which need to analyze billions of data points to make successful new medicines.

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

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Jake Vikoren

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Matt Swayne

With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. [email protected]

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

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