Amazon (AMZN) Plans Commercially Viable Quantum Computers in 5-7 Years

AI Summary

Amazon's (AMZN) AI executive Peter DeSantis projected that commercially useful quantum computers will be available in 5-7 years. DeSantis outlined that this technology could evolve similarly to semiconductor advancements, comparable to Moore's Law. Amazon's timeline is consistent with other forecasts, with Google predicting practical applications in five years and Microsoft targeting 2029 for commercial viability. As Amazon continues to develop its quantum computing chip, Ocelot, competition with other tech giants like Microsoft and Google remains strong.