With the development, Microsoft is raising the stakes in what is set to be the next big technological contest.

Microsoft has developed the world’s first quantum computing chip called Majorana 1. The company says quantum computers are now just years away, not decades.

The company said it created a “new state of matter” that represents a major advance for quantum computing. But physicists who have reviewed the work say they aren’t convinced of the finding.

Microsoft has announced a significant breakthrough in quantum computing: the creation of the first "topological qubits." Unlike conventional quantum bits, these qubits store information using an exotic state of matter.

Majorana 1, a Microsoft chip for quantum computers with unique properties. When it comes to quantum computing, experts project real-world utility decades into the future. However,