Innovation is pouring out of the big technology companies. From hand-controlled augmented reality glasses at Meta Platforms, self-driving car commercialization at Alphabet, and robot-controlled warehouses at Amazon,

Microsoft on Wednesday unveiled a new chip that it said showed quantum computing is "years, not decades" away, joining Google and IBM in predicting that a fundamental change in computing technology is much closer than recently believed.

The opportunity for Microsoft to leverage its leadership in cloud computing and artificial intelligence (AI) with new enterprise-scale quantum solutions highlights a significant long-term growth potential. Here are three reasons I believe Microsoft is the new king of quantum computing.

The tech giant’s researchers say the advance could lead to vastly more powerful computers.

D-Wave, Rigetti, and Quantum Computing Inc. are enjoying yet another boost in the wake of a major announcement from tech giant Microsoft.

Microsoft Corp. announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.

Microsoft on Wednesday announced Majorana 1, its first quantum computing chip. The achievement comes after the company has spent nearly two decades of research in the field.

Microsoft has made progress with topological qubits, but they’re still far from a full-scale quantum computer.