As it competes with other digital behemoths to exploit the experimental technology, Amazon Web Services (AWS) unveiled Ocelot, its first-generation quantum computing processor, on Thursday.
The company claims that the new chip, which was created by the California Institute of Technology’s AWS Center for Quantum Computing, can cut implementation costs for quantum error correction by as much as 90%.
Because quantum bits, or “qubits,” can exist in several states concurrently, they may be able to solve complicated problems exponentially quicker than traditional computers, which use bits that encode values of either 1 or 0.