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.

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.