KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended little changed on Friday, as investors remained cautious amid renewed pressure on global bond yields and geopolitical tensions, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.23 points to 1,736.48 compared with Thursday’s close of 1,736.71. The benchmark index opened 0.63 of a point lower at 1,736.08, and fluctuated between 1,733.13 and 1,738.30 throughout the day. On the broader market, losers outpaced gainers 637 to 578, while 571 counters were unchanged, 1,086 untraded and 47 suspended. Turnover decreased to 3.91 billion units valued at RM3.32 billion from 4.28 billion units valued at RM4.01 billion on Thursday.
Amazon Joins the Quantum Computing Race
- Amazon Web Services (AWS) has introduced its first-ever quantum computing chip, Ocelot, marking a significant step in quantum error correction.
- The chip aims to cut quantum computing error-reduction costs by up to 90%, according to the tech giant.
Race for Quantum Dominance Heats Up
- Amazon’s announcement follows Microsoft's recent claim of a quantum breakthrough and Google's unveiling of its Willow quantum chip in December.
- The competition among tech giants underscores the push to solve one of quantum computing's biggest hurdles—error correction.
How Ocelot Works
- Ocelot is a prototype, not a full-scale quantum system, designed to test error correction techniques.
- Quantum computers use qubits, which are highly sensitive to environmental noise, causing computational errors.
- Amazon's approach to quantum error correction will be key to scaling quantum systems for real-world applications.
Potential and Skepticism
- Experts remain cautious, noting that quantum computing is still years—if not a decade—away from commercial viability.
- Heather West, an analyst at IDC, says Amazon’s Ocelot chip is an advancement, not a breakthrough, as similar approaches exist.
- AWS continues to invest in quantum infrastructure, including its cloud-based Amazon Braket service and an advisory program to prepare businesses for the technology.
Quantum Future: What’s Next?
- Amazon is expected to refine Ocelot over the next few years, with further updates anticipated as the company advances its quantum research.
- CEO Andy Jassy’s push into quantum computing aligns with AWS’s long-term goal of making cloud-based quantum solutions accessible to enterprises.
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