Quantum computing is rapidly evolving, though still largely theoretical — and each of the Big Tech giants wants to be the one to make it mainstream.

During a recent interview on CNBC, IonQ's CEO proclaimed that the company is the "800-pound gorilla" in the quantum computing landscape and compared its future to that of Nvidia prior to the AI revolution.

Dubbed Ocelot, it’s designed to correct errors with less hardware overhead.

Oskar Painter, Amazon’s head of quantum hardware, criticized Microsoft CEO Satya Nadella ‘s statements as exaggerated. Painter expressed more favorable opinions on quantum efforts by Alphabet Inc.'s Google and IBM.

The race to build real quantum computers is moving fast. Every week, big companies reveal new advances. Last week was Amazon’s (AMZN) turn with

Following Google and Microsoft’s quantum computing announcements, the tech giant says its new chip will lead to more reliable quantum computers.

Amazon is making its foray into quantum computing with the launch of a new chip designed to make quantum error correction more efficient. In an announcement on Thursday, Amazon Web Services (AWS) said the chip, called Ocelot, can “reduce the costs of implementing quantum error correction by up to 90%, compared to current approaches.”

Amazon's new "Ocelot" processor is a first-generation quantum chip developed by the AWS Center for Quantum Computing in Pasadena, California. (AWS Photo)

Amazon unveiled its first-ever quantum computing chip on Thursday following similar announcements from Microsoft and Google.

Amazon executives have questioned the validity of Microsoft's quantum computing breakthrough, calling it overhyped and lacking substantial evidence. I

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

AWS has launchd Ocelot, its first quantum computing chip, bringing it into line with its big cloud rivals Microsoft and Google.