Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Amazon unveils quantum chip, aiming to shave years off development time
    Finance

    Amazon unveils quantum chip, aiming to shave years off development time

    Published by Global Banking & Finance Review®

    Posted on February 27, 2025

    3 min read

    Last updated: January 25, 2026

    Amazon unveils quantum chip, aiming to shave years off development time - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationtechnologyfinancial servicesinvestment

    Quick Summary

    Amazon's Ocelot quantum chip aims to cut development time by five years, using innovative 'cat' qubits for efficient error correction.

    Amazon Introduces Quantum Chip to Accelerate Development Timeline

    By Stephen Nellis

    (Reuters) - Amazon Web Services on Thursday showed a quantum computing chip with new technology that it hopes will shave as much as five years off its effort to build a commercially useful quantum computer.

    The chip, named Ocelot, is a prototype that has only a tiny fraction of the computing power needed to create a useful machine. But like its tech rivals, AWS, which is Amazon.com's cloud computing unit, believes it has finally hit on a technology that can be scaled up into a working machine, though it has not yet set a date for when it will reach that point.

    The AWS announcement, which coincides with the publication of a peer-reviewed paper in the scientific journal Nature, comes as quantum computing is sweeping through the technology world, with Alphabet's Google, Microsoft and startup PsiQuantum all announcing advances in recent months.

    Quantum computers hold the promise of carrying out computations that would take conventional computers millions of years and could help scientists develop new materials such as batteries and new drugs. But a fundamental building block of quantum computers called a qubit is fast but finicky and prone to errors.

    Scientists established in the 1990s that some of a quantum computer's qubits could be dedicated to correcting those errors, and the years since then have been spent searching for ways to construct physical qubits so that enough "logical" qubits are left over to do useful computing work.

    The standard industry thinking has been that a chip will need about a million physical qubits to yield a useful number of logical qubits.

    But AWS said it had built a prototype chip that uses only nine physical qubits to yield one working logical qubit, thanks to the use of what is known as a "cat" qubit, so named for physicist Erwin Schrodinger's famous thought experiment to illustrate principles of quantum mechanics in which an unlucky cat in a box is both dead and alive at the same time.

    Oskar Painter, AWS director of quantum hardware, said the AWS approach could one day yield useful computers with only 100,000 qubits rather than a million.

    "It should allow us to provide between five and 10 times lower numbers of physical qubits to implement the error correction in a fully scaled machine. So that's the real benefit," Painter told Reuters.

    Painter said that the current chip was constructed using standard techniques borrowed from the chip industry and a material called tantalum, but that AWS and partners hope to customize those techniques further.

    "That's where I think there's going to be a huge amount of innovation and that will be the thing that could really reel in timelines for development. If we make improvements at the materials and processing level, this will make the underlying technology just much simpler," Painter said.

    (Reporting by Stephen Nellis in San Francisco; Editing by Stephen Coates)

    Key Takeaways

    • •Amazon introduces the Ocelot quantum chip.
    • •The chip aims to reduce development time by five years.
    • •AWS uses 'cat' qubits for efficient error correction.
    • •Prototype uses nine physical qubits for one logical qubit.
    • •Further material and processing innovations are expected.

    Frequently Asked Questions about Amazon unveils quantum chip, aiming to shave years off development time

    1What is the name of the quantum chip introduced by Amazon?

    The quantum chip introduced by Amazon is named Ocelot.

    2How many physical qubits does the Ocelot chip use?

    The Ocelot chip uses only nine physical qubits to yield one working logical qubit.

    3What advantage does the Ocelot chip provide in quantum computing?

    The Ocelot chip could allow for between five and ten times lower numbers of physical qubits needed for error correction in a fully scaled machine.

    4What material is used in the construction of the Ocelot chip?

    The current chip was constructed using standard techniques and a material called tantalum.

    5What is the potential impact of the Ocelot chip on quantum computing timelines?

    The Ocelot chip could significantly reel in timelines for development by improving materials and processes in quantum computing.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostMeta fixes error that flooded Instagram Reels with violent videos
    Next Finance PostRolls-Royce, LSEG boost FTSE 100 to a one-week high