Nvidia S Quantum Pivot Jensen Huang Led Chip Giant Benzinga

Nvidia Corporation (NASDAQ:NVDA) is reportedly in advanced talks to invest in a quantum computing startup. What Happened: Nvidia is considering a major investment in PsiQuantum, reported Reuters (via The Information). Quantum technology could handle computations far beyond the capabilities of today's most advanced AI systems powered by Nvidia chips. PsiQuantum is working with the U.S. and Australian governments to build quantum computers in Chicago and Brisbane. Unlike other quantum computing startups that depend on exotic materials, PsiQuantum leverages standard semiconductor manufacturing methods, the report said.

In March, Reuters reported that PsiQuantum is securing a minimum of $750 million in funding from investors such as BlackRock (NYSE:BLK), valuing the company at a $6 billion pre-money valuation. In May of this year I wrote about my belief that Jensen Huang was wrong about the quantum computing timeline, referencing his quote on the stage of CES earlier in the year that “practical... By June he had reversed course (I’d like to think that was from reading my post, but more likely he had been seeing the same broad signals I was seeing) and at the GPU... Inflection point indeed - the quantum computing landscape has witnessed a dramatic shift over the past few weeks, with Nvidia's venture capital arm NVentures going full throttle on quantum. The AI chipmaker recently placed strategic bets on three distinct quantum hardware platforms: PsiQuantum, Quantinuum, and QuEra. This marks a complete reversal from Jensen Huang's earlier skepticism and signals that the world's most valuable company is now betting big on quantum's commercial timeline

The Quantum Leap is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This change in outlook wasn't just rhetorical—it was backed by serious capital. NVentures' rapid-fire investments in recent weeks represent the chipmaker's first major foray into quantum hardware, demonstrating what a strategic repositioning toward hybrid quantum-classical computing architectures. Nvidia's quantum investment strategy reveals sophisticated thinking about the technology's diverse pathways to commercial viability. Rather than placing a single bet, the company has strategically invested across three fundamentally different quantum computing approaches:

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. Please use a PC Browser to access Register-Tadawul Nvidia's Quantum Pivot? Jensen Huang-Led Chip Giant Reportedly Mulls Major Stake In PsiQuantum Nvidia Corporation (NASDAQ:NVDA) is reportedly in advanced talks to invest in a quantum computing startup. What Happened: Nvidia is considering a major investment in PsiQuantum, reported Reuters (via The Information).

Quantum technology could handle computations far beyond the capabilities of today's most advanced AI systems powered by Nvidia chips. PsiQuantum is working with the U.S. and Australian governments to build quantum computers in Chicago and Brisbane. D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers would need 1 million times the number of quantum processing units, called qubits, than they currently...

Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts. Huang’s remarks sent stocks in the nascent industry slumping, with D-Wave plunging 36% on Wednesday. “The reason he’s wrong is that we at D-Wave are commercial today,” Baratz told CNBC’s Deidre Bosa on “The Exchange.” Baratz said companies including Mastercard and Japan’s NTT Docomo “are using our quantum computers... Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said on Wednesday that quantum computers will soon be able to solve complex, real-world problems that are out of reach for classical computers. Huang’s comments marked a reversal from his previously cautious stance on the technology and sparked a rally in quantum stocks.

The Details: Speaking at Nvidia's GTC Paris developer conference, Huang highlighted how quantum computers process information in fundamentally new ways compared to traditional computers and shortened his timeline for their practical application. "Quantum computing is reaching an inflection point," Huang said during his keynote speech. "We are within reach" of being able to apply quantum computers "in areas that can solve some interesting problems in the coming years," he added. "This is a really exciting time." Read Next: These Are The 3 Hottest Stock Market Themes Trending Now Nvidia CEO Jensen Huang is making a big U-turn on quantum computing.

After years of downplaying the technology's timeline, the tech titan is now pouring money into quantum startups. Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Save my User ID and Password' box in the log-in section. This will save the password on the computer you're using to access the site.

People Also Search

• Nvidia's Quantum Pivot? Jensen Huang-Led Chip Giant ... - Benzinga
• Nvidia CEO Jensen Huang is getting quantum computing fever
• Jensen Huang and Nvidia's Massive Quantum Pivot
• Nvidia CEO says quantum computing is reaching an 'inflection point' - CNBC
• Nvidia's Quantum Pivot? Jensen Huang-Led Chip Giant Reportedly Mulls ...
• Nvidia's Jensen Huang's quantum pivot - Cybernews
• Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave ...
• Nvidia's Jensen Huang Sparks Quantum Stock Frenzy - Benzinga
• Nvidia's Huang Sees Quantum Computing Reaching Inflection Point - MSN
• Nvidia's Jensen Huang reverses quantum strategy, bets billions on next ...