Major technological breakthroughs can, over time, create trillions in shareholder value. Quantum computing looks like one such possible opportunity, and Rigetti Computing (NASDAQ: RGTI) might be a good way to gain exposure to it. Quantum computing involves creating machines that process data in an entirely different way than traditional computers.

Microsoft started going down this road nearly 20 years ago, and that research has now yielded what looks like a significant quantum-computing breakthrough. The Majorana 1 chip contains eight qubits, or quantum bits, far fewer than top-tier quantum computers currently in operation.

Majorana 1 relies on ‘topological superconductivity,’ a never-before-seen theoretical form of matter.

KEY TAKEAWAYS Amazon on Thursday unveiled its first quantum computing chip, about a week after rival Microsoft announced its first chip devoted to the nascent technology.The new chip, called Ocelot, can cut the “costs of implementing quantum error correction by up to 90%,

Microsoft has outlined its research in a peer-reviewed paper published today in Nature, explaining how its researchers were able to create the topological qubit. Microsoft has helped create a new material made from indium arsenide and aluminum, and it has placed eight topological qubits on a chip that it hopes can eventually scale to 1 million.

Discover how Microsoft’s quantum computing breakthroughs are transforming industries with the Majorana 1 chip and topological qubits.

Microsoft on Wednesday announced its first quantum computing chip, called Majorana 1, and said it could significantly reduce the time needed to reach quantum computing at a larger scale.

Microsoft, Amazon, and Google each announced new prototypes of quantum computing chips, but scientists say that the field is still evolving.

Innovation is pouring out of the big technology companies. From hand-controlled augmented reality glasses at Meta Platforms, self-driving car commercialization at Alphabet, and robot-controlled warehouses at Amazon,

For companies struggling with high cloud costs, talent shortages, and data integration problems, a groundbreaking quantum processor isn’t the answer.