KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.80 points, or 0.16 per cent, to 1,695.50 from Thursday’s close of 1,698.30. The benchmark index opened 5.82 points higher at 1,704.12, and moved between 1,693.65 and 1,708.12 throughout the day. However, market breadth remained positive, with gainers outnumbering losers 634 to 415, while 521 counters were unchanged, 1,077 untraded and 10 suspended. Turnover improved to 3.38 billion units worth RM2.95 billion from yesterday’s 3.20 billion units worth RM3.50 billion.
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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