Microsoft shocked the tech world by announcing its Majorana 1 quantum chip on Feb. 19, marking a transformative leap of innovation in the rapidly evolving field. Quantum computers are intended to solve highly complex calculations in areas such as machine learning,

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%,

AWS has launchd Ocelot, its first quantum computing chip, bringing it into line with its big cloud rivals Microsoft and Google.