India, Feb. 28 -- Amazon Web Services has unveiled 'Ocelot', its first prototype quantum computing chip on Thursday, February 28, with claims of reducing error correction costs by up to 90 per cent.

This comes right on the heels of Microsoft's Majorana 1 quantum chip which was unveiled last week and Google's Willow quantum chip which came last December.

Developed by the team at the AWS Center for Quantum Computing at the California Institute of Technology, Ocelot uses a special architecture which builds error correction into the whole system from the ground up, using what Amazon calls, the 'cat qubit,' according to its blog post.

While a traditional computer runs on 'bits' (The binary 0 and 1 digits), quantum computers use what is know...