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.

Microsoft has long been working on an alternative that could cut down on the overhead by using components that are far more stable. These components, called Majorana quasiparticles, are not real particles. Instead, they are special patterns of behavior that may arise inside certain physical systems and under certain conditions.

Microsoft (MSFT) on Wednesday announced a new kind of quantum computer chip that it says will make quantum computers useful in years, rather than decades in the future. The chip, called Majorana 1, uses what Microsoft says is a new type of material called a topoconductor,