Amazon’s (AMZN) head of AI, chips, and quantum computing division says that the first commercially useful small-scale quantum computers are expected within 5-7yrs, CNBC reports

Newsquawk StaffPublished 17 Jun 2026, 16:01 UTCOn the live feed at 15:41 UTC — 4 more headlines followed before this page went public

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16:00

US President Trump to pay InvEnergy USD 765mln to cancel offshore wind power leases

15:59

Hezbollah Chief says the ceiling to be reached in negotiations with Israel is a situation of reciprocal security; Rejects pilot zones agreed in US-brokered talks between Lebanon and Israel

15:41

Amazon’s (AMZN) head of AI, chips, and quantum computing division says that the first commercially useful small-scale quantum computers are expected within 5-7yrs, CNBC reports

15:33

US sells 17-wk bills at high-rate 3.670%, B/C 2.87x

15:30

European Closes: Euro Stoxx 50 +0.80% at 6,307, Dax 40 +0.08% at 24,932, FTSE 100 +0.14% at 10,509, CAC 40 -0.20% at 8,431, FTSE MIB +0.31% at 52,595, IBEX 35 +1.31% at 19,415, PSI +0.76% at 9,091, SMI +0.39% at 13,815, AEX +1.18% at 1,083

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Exec said following this initial milestone, the technology is expected to follow a trajectory similar to Moore’s Law, with annual improvements in scale and problem-solving capabilities.

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