AMAZON'S -QUANTUM- AMPERES : TECH DATA

Another major player has entered the quantum-computing race : Amazon. The tech giant is the latest to make waves in the field with with the February announcement of Ocelot, its own computing chip.

Amazon joins fierce competition from familiar rivals in Cloud computing as Google, Microsoft and others race after what they say could be their next frontier.

While Amazon is widely known as an e-commerce giant, its business took a pivotal and profitable turn in 2006 with the launch of Amazon Web Services.

AWS is now more than a $100 billion business and a key part of why Amazon is worth over 2 Trillion dollars.

The company sees quantum as the next major growth area for its cloud services.

Part of the hype with quantum computing is the perceived payoff down the line.

While still years away from commercial applications, McKinsey projects quantum could be a $173 billion market by 2040.

The World Students Society thanks Andrew Evers and Kate Rooney. The above passage adapted from '' How Amazon Plans To Catch Google and Microsoft in The Quantum Computing Race. ''