Amazon unveils quantum computing chip 'Ocelot'

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Amazon (AMZN) Web Services (AWS) has officially entered the quantum computing arena with the introduction of its new chip, named "Ocelot." This launch comes as fellow tech giants Microsoft (MSFT) and Google (GOOG, GOOGL) have already established their presence in the quantum computing space with their own chip offerings. Yahoo Finance Tech Editor Dan Howley analyzes the purpose of Amazon's latest chip and examines the intensifying competition in quantum computing as major technology companies position themselves in this emerging field. Amazon also unveiled its new generative AI-powered digital assistant, Alexa+, this week. To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/ #youtube #Amazon #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2025-02-27 · Watch on YouTube ↗
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