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Reading: Nvidia CEO says he was stunned that publicly held quantum companies exist
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Business

Nvidia CEO says he was stunned that publicly held quantum companies exist

Editorial Board
Editorial Board Published March 20, 2025
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Nvidia CEO says he was stunned that publicly held quantum companies exist
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Nvidia CEO says he was stunned that publicly held quantum companies exist

Nvidia Corp. Chief Government Officer Jensen Huang stated he didn’t notice there have been publicly traded quantum-computing corporations when he made earlier feedback that brought about trade shares to crash.

“My first reaction was, I didn’t know they were public. How can a quantum company be public?” Huang stated at an occasion Thursday centered on the still-nascent know-how. 

The chief had stated in January that “very useful” quantum computer systems are most likely many years away, inflicting shares of IonQ Inc. and different corporations to tumble. Thursday’s occasion — a part of Nvidia’s weeklong GTC convention — invited a few of these very corporations on stage to debate their prospects with Huang. 

The quantum-computing trade goals to make use of the distinctive properties of subatomic particles to course of knowledge a lot quicker than conventional semiconductor-based electronics. The technical difficulties of constructing sensible techniques have meant that the sphere continues to be in an experimental stage. Along with quantum upstarts, corporations similar to Microsoft Corp. and Alphabet Inc.’s Google are additionally attempting discover sensible makes use of for quantum techniques.

The businesses on stage at Thursday’s occasion included IonQ and D-Wave Quantum Inc. Huang stated it was pure for this new type of computing to take a few years to develop because it was so novel. The businesses would possibly have the ability to persuade him that quantum computing is going on extra rapidly than he anticipated, he stated. “But I don’t know,” he joked.

“This whole session is going to be like a therapy session for me,” he stated.

The six firm leaders on stage gave him quite a lot of solutions. Some argued that quantum computer systems are already in use to resolve troublesome science issues. Others posited that the know-how is even nearer to serving to advance conventional computing.

Executives additionally stated it wasn’t unreasonable to spend a decade honing a know-how that can have such a big influence. Loic Henriet, who runs the French firm Pasqal, argued that the time period “quantum computing” was deceptive. Quantum processors will assist act as accelerators — working alongside conventional computer systems — somewhat than changing them, he stated.

This story was initially featured on Fortune.com

TAGGED:CEOexistfirmsHeldNvidiapubliclyquantumsurprised
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