Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
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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. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing.
AI Summary
Main Idea: D-Wave Quantum CEO Alan Baratz pushed back on Jensen Huang’s warning that useful quantum computers are still years away, saying D-Wave already uses quantum systems in business today.
Key Points:
- Huang said on Tuesday that practical quantum computers could take 15 to 30 years, and his comments helped trigger a sharp selloff in quantum stocks.
- Baratz said Huang is “dead wrong” because D-Wave’s annealing-based quantum machines are already being used in production by companies such as Mastercard.
- D-Wave’s stock fell 36% on Wednesday, but it is still up about 600% over the past year after a big investor rally in December.
- Baratz said Huang’s view may fit gate-based quantum computers, but not D-Wave’s approach, and he said he would meet with Huang to explain the differences.
Impact on the People
Negative Impact
Huang’s warning and D-Wave’s stock drop can shake investor confidence and hurt households, workers, and small savers exposed to risky tech bets.
Positive Impact
Baratz says some quantum systems are already useful, which could eventually help businesses and consumers through faster problem solving and better services.
How did each entity affect people?
Rate how each entity in this article affected the American people.
- Primary:CEO Alan Baratzperson
- Primary:CEO Jensen Huangperson
- Primary:D-Wave Quantumcompany
Candidate Entities10 candidates · 5 weighted vote min · 70% decision
- CEO Alan BaratzpersonPrimaryEvaluated
D-Wave Quantum CEO making the central rebuttal to Huang and defending annealing quantum computing.
Include 0 (0%)Ignore 0 (0%)5 to threshold - CEO Jensen HuangpersonPrimaryEvaluated
Nvidia’s chief executive whose comments on quantum computing triggered the article’s main conflict and market reaction.
Include 0 (0%)Ignore 0 (0%)5 to threshold - D-Wave QuantumcompanyPrimaryEvaluated
Primary company discussed; its stock movement, revenue, and product approach are central to the article.
Include 0 (0%)Ignore 0 (0%)5 to threshold - NvidiacompanyPrimaryAI selected
Major company at the center of the dispute through Huang’s remarks and its market influence.
Include 0 (0%)Ignore 0 (0%)5 to threshold - IonQcompanyMajorAI selected
Public quantum-computing peer whose stock decline is part of the article’s market reaction.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Rigetti ComputingcompanyMajorAI selected
Public quantum-computing peer whose stock decline is part of the article’s market reaction.
Include 0 (0%)Ignore 0 (0%)5 to threshold - GooglecompanyContextCandidate
Named company whose quantum breakthrough and chip announcement are used as context in the story.
Include 0 (0%)Ignore 0 (0%)5 to threshold - MastercardcompanyContextCandidate
Named customer cited by Baratz as using D-Wave’s quantum computers in production.
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