Browsing: Amazon

Amazon Web Services (AWS) has unveiled ‘Ocelot,’ a new scalable quantum computing solution designed to significantly reduce the costs associated with quantum error correction. This move comes shortly after Microsoft’s introduction of its own quantum computing advancements, marking a competitive turn in the race to develop practical quantum computers.

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Nuclear technology company X-Energy has successfully raised $700 million in a Series C-1 financing round, backed by Amazon’s Climate Pledge Fund and other investors, to accelerate the development and deployment of its small modular nuclear reactor technology.

Amazon seeks a new executive to oversee the James Bond film franchise following its acquisition of creative control for $1 billion, leaving many in Hollywood surprised. The move comes after previous producers handed over control.

Amazon and Energy Northwest are collaborating to develop small modular reactor (SMR) technology in Washington state to advance reliable, carbon-free energy sources for the Pacific Northwest.

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Amazon’s podcast division, Wondery, has implemented job cuts following a review of its team structure. The move comes as part of ongoing efforts to streamline operations and reduce costs.

Executives at the Super Bowl discussed Amazon’s stability and innovative strategies in the face of market uncertainty.

Amazon’s Ocelot chip represents a major advancement in quantum computing, utilizing an innovative analog approach to achieve greater efficiency and performance.

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