Feb 28 - Amazon (AMZN, Financial) Web Services (AWS) on Thursday revealed its new quantum computing chip, Ocelot. The chip is engineered to slash the costs of quantum error correction by up to 90% compared with current methods.
Ocelot leverages the innovative cat qubit design, a nod to Schrodinger's famous thought experiment, to harness the unique capabilities of quantum bits, or qubits, which can exist as both 0 and 1 simultaneously. This breakthrough is expected to accelerate complex computations, including drug discovery and other intensive processes.
Major tech rivals are ramping up their quantum efforts, and the announcement follows. The introduction of these chips highlights that the world is on the brink of quantum computing becoming available to the public. But Amazon says its new design is based on scalable manufacturing techniques imported from the microelectronics industry and incorporates error correction from the ground up.
However, unlike other quantum computers, the researchers emphasized that Ocelot is the first chip to house all of the cat qubit technology along with other error correction components in one microchip. The researchers see this development as a major step forward for the real race in quantum computing. It suggests that there is a growing race in the emerging quantum arena between tech giants to be its leader.
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