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How Amazon plans to catch Google and Microsoft in the quantum computing race

1. Amazon entered the quantum-computing race with its Ocelot chip announcement. 2. AWS now generates over $100 billion, pivotal to Amazon's valuation. 3. Quantum computing market could reach $173 billion by 2040, driving AWS growth. 4. Ocelot chip reduces quantum error correction by up to 90%. 5. Amazon targets complex problem-solving, enhancing AWS offerings significantly.

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FAQ

Why Bullish?

Amazon's entry into quantum computing could unlock new revenue streams, similar to AWS.

How important is it?

The article highlights Amazon's innovative step, increasing its competitive edge in cloud computing.

Why Long Term?

Though commercial applications are years away, long-term potential for AWS is significant.

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