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Nvidia Ceo Jensen Huang Declares Quantum Computing At Inflection Point

Bonisiwe Shabane
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nvidia ceo jensen huang declares quantum computing at inflection point

Nvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they'll start solving real-world problems in the coming years. "Quantum computing is reaching an inflection point," Jensen declared during his keynote speech at Nvidia's GTC Paris developer conference Wednesday. Quantum computers are machines that use the laws of quantum mechanics to solve problems too complex for classical computers, which store information in bits (ones and zeroes). Quantum computers use quantum bits, or "qubits," which can be zero, one or something in between — the aim being to process much larger volumes of data to facilitate breakthroughs in areas like medicine,... Quantum has been a buzzy space for investors with the rise of several popular stocks, such as Rigetti Computing and IonQ, which on Monday acquired Oxford Ionics for $1.1 billion. Shares of Rigetti and IonQ were up 4.5% and 3.7% respectively in U.S.

premarket trading. Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong. She previously worked at The Wall Street Journal and Bloomberg. Mustafa Yalcin / Anadolu via Getty Images Quantum computing shares are jumping in premarket trading Wednesday after Nvidia (NVDA) CEO Jensen Huang said that the industry is “reaching an inflection point."

Huang's comments during his keynote speech at the chipmaker’s GTC Paris developer conference mark more optimistic take by the Nvidia CEO, who said early this year that quantum computing technology is 15 to 30... “Quantum computing is reaching an inflection point,” Huang said in the speech Wednesday. “We are within reach of being able to apply quantum computing, quantum classical computing, in areas that can solve some interesting problems in the coming years.” PARIS - Quantum computing technology is at an inflection point, Nvidia CEO Jensen Huang reiterated on Wednesday at the VivaTech conference in Paris. Quantum calculations could crack problems that currently would demand years of processing from Nvidia’s most advanced AI systems. Quantum computing will solve “some interesting problems” in the coming years, Huang added.

The CEO made similar comments in March at Nvidia’s annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum... In March, Huang also announced a new quantum computing research lab in Boston, set to collaborate with Harvard and MIT scientists. NVIDIA’s CEO, Jensen Huang, recently declared that quantum computing is approaching a critical inflection point. This signals a shift towards practical application. Speaking at NVIDIA’s GTC Paris developer conference, Huang stated that quantum computers are now within reach. They may soon solve complex, real-world problems in the near future.

This represents a notably more optimistic outlook from the Nvidia boss, who previously suggested a considerably longer timeframe for the realisation of useful quantum computation. The announcement follows increasing investment in the sector, exemplified by IonQ’s recent $1.1 billion acquisition of Oxford Ionics, and coincides with advancements in error correction techniques, such as Google’s Willow chip. Huang was speaking at a recent NVIDIA GTC event and was reported by CNBC. Jensen Huang, CEO of NVIDIA, now posits that quantum computing is approaching a critical inflection point, signalling a shift towards practical application in the near future. This assessment represents a marked change from his previous, more conservative estimations regarding the timeline for achieving functional quantum computers, having previously suggested a 20-year horizon for substantial progress. Huang’s evolving perspective follows an acknowledgement that earlier comments regarding the maturity of quantum technology negatively impacted market valuations of key companies in the sector.

Investor interest in quantum computing is demonstrably increasing, evidenced by the performance of publicly traded companies such as Rigetti Computing and IonQ. Recent activity includes IonQ’s acquisition of Oxford Ionics for $1.1 billion, and both Rigetti and IonQ experienced pre-market gains following Huang’s latest statements, indicating a positive correlation between industry leader sentiment and stock performance. This heightened investment activity also reflects a growing European quantum computing ecosystem, with Huang noting recent discussions with the French startup Pasqal. The anticipated utility of quantum computers stems from their fundamental difference from classical computers; while the latter store information as bits representing either 0 or 1, quantum computers utilise quantum bits, or qubits. Qubits leverage the principles of quantum mechanics to exist in a superposition, representing 0, 1, or a combination of both simultaneously, enabling the processing of significantly larger datasets. This capability promises breakthroughs in complex fields including medicine, materials science, and financial modelling, driving both research and commercial investment.

NVIDIA is actively developing solutions to bridge the gap between current classical infrastructure and emerging quantum capabilities with its Cuda Q platform. This hybrid approach aims to leverage the strengths of both computing paradigms, allowing developers to integrate quantum algorithms into existing workflows. Furthermore, advancements in error correction, exemplified by Google’s Willow chip, are crucial for stabilising quantum computations and realising the full potential of this technology. Quantum computing technology is at an inflection point, Nvidia CEO Jensen Huang reiterated on Wednesday at the VivaTech conference in Paris. Quantum calculations could crack problems that currently would demand years of processing from Nvidia's most advanced AI systems. Quantum computing will solve "some interesting problems" in the coming years, Huang added.

The CEO made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January, when he said useful quantum... In March, Huang also announced a new quantum computing research lab in Boston, set to collaborate with Harvard and MIT scientists. Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈 Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈 Nvidia CEO says quantum computing is at an inflection point Jensen Huang made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum...

Quantum calculations could crack problems that currently would demand years of processing from Nvidia's most advanced AI systems. Quantum computing will solve "some interesting problems" in the coming years, Huang added. The CEO made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum... In March, Huang also announced a new quantum computing research lab in Boston, set to collaborate with Harvard and MIT scientists. Nvidia CEO Sees Quantum Computing Reaching 'Inflection Point' | PYMNTS.com

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