KEY TAKEAWAYS Amazon on Thursday unveiled its first quantum computing chip, about a week after rival Microsoft announced its first chip devoted to the nascent technology.The new chip, called Ocelot, can cut the “costs of implementing quantum error correction by up to 90%,

The processor uses qubits that can be measured without error and are resistant to outside interference, which the company says marks a “transformative leap toward practical quantum computing.”

Microsoft said its new quantum chip leverages the world’s first topoconductor — a completely new class of materials.

Shares of quantum computing companies wavered on Thursday after jumping yesterday on renewed investor interest in the nascent technology.

Quantum computing stocks were all the rage in 2024 with shares of some of the most popular companies rising 1,000% or more. But they crashed pretty hard in January after Nvidia (NASDAQ:NVDA) CEO Jensen Huang said quantum computing was still two decades away from viability and Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg chimed in a

Microsoft and UC Santa Barbara researchers have unveiled an eight-qubit topological quantum processor, marking a major step toward building a fully functional topological quantum computer. Their innovation lies in a new state of matter,

Anyone who has sat through a third-grade science class knows there are three primary states of matter: solid, liquid and gas.