Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
Posted: Jan 10, 2025
- D-Wave CEO Alan Baratz disagrees with Nvidia CEO Jensen Huang on quantum computing timeline
- Huang stated it could take 15 to 30 years for quantum computing to be commercially viable, causing D-Wave stock to drop 36%
- Baratz claims D-Wave is already commercially viable with big clients like Mastercard and NTT Docomo using their quantum computers
- D-Wave revenue is minimal, but the company's stock value has increased significantly
- D-Wave uses an annealing approach to quantum computing, which Baratz says can be utilized now
- D-Wave shares surged in December after Google's breakthrough in quantum computing
- Huang's comments apply more to gate model quantum computers, not annealing quantum computers like D-Wave's
- Nvidia declined to comment on the matter
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - Comments are largely critical of D-Wave and skeptical about the quantum computing industry, while finding amusement and some agreement with Jensen Huang's stance. Summarized comments: - Skepticism towards D-Wave's claims about quantum computing's potential - Jensen Huang's dismissal of quantum computing as significant is satisfying to some who view the industry as hyped - General criticism of D-Wave's sales performance and credibility in quantum computing - Comments express amusement at CEOs claiming others are wrong without substantial evidence Stock tickers discussed: $NVDA
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!