Amazon Predicts Commercial Quantum Computers in Seven Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: CNBC
- Quantum Computing Timeline: Amazon's AI chief, Peter DeSantis, forecasts the launch of the first 'commercially useful' quantum computer within five to seven years, marking Amazon's first clear expectation in the quantum computing space, which could enhance the company's competitiveness in high-tech sectors.
- Technological Progress Analogy: DeSantis likens the advancement of quantum computing to Moore's Law, suggesting that as the technology matures, quantum computers will grow larger and tackle increasingly complex problems, providing new growth momentum for Amazon's future technological innovations.
- Intensifying Market Competition: The quantum computing field is highly competitive, with tech giants like Microsoft, Google, and IBM actively developing related technologies; Amazon's Ocelot quantum computing chip aims to address error correction challenges, demonstrating its ongoing commitment to R&D in this area.
- Broad Application Prospects: DeSantis emphasizes that quantum computing will initially focus on solving quantum-based problems in chemistry and material science, which are difficult to simulate accurately on classical computers, and successfully developing quantum computers could open new market opportunities for Amazon.
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Wall Street analysts forecast GOOG stock price to fall
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Current: 362.100
Low
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Averages
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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