Nvidia Ceo Jensen Huang Is Getting Quantum Computing Fever
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 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.
“Very useful quantum computers are still a few decades away,” Nvidia CEO Jensen Huang said during a keynote presentation at the 2025 Consumer Electronics Show (CES) in Las Vegas last week. His comment sent shockwaves through the quantum computing industry, with shares of leading companies like Rigetti Computing, D-Wave Quantum and IonQ plummeting between 30 and 50 percent. These companies’ CEOs were quick to defend their industry in a bid to win back investor confidence. By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime. “Jensen Huang has a misunderstanding of quantum.
He is ‘dead wrong’ about D-Wave,” Alan Baratz, CEO of D-Wave Quantum, which develops quantum computing systems, told Observer. “There is more than one approach to building a quantum computer. Our (D-Wave) systems are performing scientific computations on important problems that are not solvable by even massively parallel GPU systems.” D-Wave uses quantum annealing, an approach that excels in solving specific computational optimization problems. This method is particularly useful for materials simulation, scheduling and logistics applications. “Commercial quantum computing is already here,” Baratz added. For example, Canada-based Pattison Food Group reduced an 80-hour scheduling task to 15 hours using D-Wave’s technology.
Another client, NTT DOCOMO, Japan’s largest telecom provider, slashed the time to optimize network resources from 27 hours to just 40 seconds. Quantum computing CEOs are also talking up their companies’ revenue and profit prospects. D-Wave estimated its 2024 sales jumped 120 percent from the previous year. IonQ, which makes quantum computers, predicts it will turn a profit on more than $1 billion in sales by 2030, CEO Peter Chapman wrote in a blog post on Jan. 10. Quantum computing relies on qubits—units of data that can exist in multiple states at once—and holds the potential to quickly solve calculations that would take even supercomputers a thousand years.
Exciting recent developments include Google’s Willow chip, which solved a random circuit sampling (RCS) benchmark problem in just five minutes. RCS, one of the most challenging benchmarks for quantum computers, would take today’s fastest supercomputer 10 septillion years (1 followed by 24 zeros) to solve, Google claims. 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. Huang said quantum has "potential" weeks after negativity tanked stocks When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Nvidia CEO Jensen Huang has stepped back from his prediction that practical quantum computing applications are decades away following comments that sent stocks spiraling in January. At Nvidia GTC’s "Quantum Day" event, Huang took a conciliatory tone to the quantum industry, comparing quantum to the GPUs made by Nvidia, noting the latter took plenty of time to make an impact.
"This is the first event in history where a company CEO invites all of the guests to explain why he was wrong," Huang said, according to CNBC, while opening an event that had a...
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PARIS - Quantum Computing Technology Is At An Inflection Point,
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 ...
"Quantum Computing Is Reaching An Inflection Point," Jensen Declared During
"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 ...
“Very Useful Quantum Computers Are Still A Few Decades Away,”
“Very useful quantum computers are still a few decades away,” Nvidia CEO Jensen Huang said during a keynote presentation at the 2025 Consumer Electronics Show (CES) in Las Vegas last week. His comment sent shockwaves through the quantum computing industry, with shares of leading companies like Rigetti Computing, D-Wave Quantum and IonQ plummeting between 30 and 50 percent. These companies’ CEOs we...
He Is ‘dead Wrong’ About D-Wave,” Alan Baratz, CEO Of
He is ‘dead wrong’ about D-Wave,” Alan Baratz, CEO of D-Wave Quantum, which develops quantum computing systems, told Observer. “There is more than one approach to building a quantum computer. Our (D-Wave) systems are performing scientific computations on important problems that are not solvable by even massively parallel GPU systems.” D-Wave uses quantum annealing, an approach that excels in solvi...
Another Client, NTT DOCOMO, Japan’s Largest Telecom Provider, Slashed The
Another client, NTT DOCOMO, Japan’s largest telecom provider, slashed the time to optimize network resources from 27 hours to just 40 seconds. Quantum computing CEOs are also talking up their companies’ revenue and profit prospects. D-Wave estimated its 2024 sales jumped 120 percent from the previous year. IonQ, which makes quantum computers, predicts it will turn a profit on more than $1 billion ...