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D-Wave Quantum CEO Says Nvidia CEO "Dead Wrong" with Quantum Comments

Tiger Newspress01-09

D-Wave Quantum CEO Alan Baratz says Nvidia CEO Jensen Huang is an authority on many areas of computing, but not all areas and not on quantum computing. Huang is “dead wrong” with his comments on the usefulness of quantum applications being years away, argues Baratz, who says that his company is “commercial today” and its services are being used by companies like Mastercard (MA) today, “not 30 years from now, today.”

Quantum shares rebounded in after-hours trading. SEALSQ Corp rose 16% after sinking 26% in prior session. Quantum Corp rose 7%; IONQ Inc. rose 5.7%; Quantum Computing Inc., D-Wave Quantum Inc. rose over 3%.

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  • LeonardKSW
    ·01-10
    I guess Jensen should have already purchased  quantum counters when dip after his stupid 'comment"..it's a cunning way to make markets down..
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  • Dan1192
    ·01-09
    Jensen may be right though, some of my own thoughts: 1. how much do you think one of these quantum chip or services costs? in my imagination it should be rather costly.  2. if it is so expensive, who can afford it in the sense the pros outweigh the costs?  3. for the pros to outweigh the costs, it means there would be some kind of lucrative deals out there, for anyone to justify paying that kind of prices. at present, I can't really imagine any big corps or government putting enough investment into quantum computing to be lucrative, only a handful at best.  I have a couple more thoughts, but these are sufficient to justify that the rise is a bubble and now someone decides to burst it before more of us loses money, remember the EV hype?  that being said I would undoubted
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    • tiger_cc
      Quantum computing is truly enigmatic and full of mysteries.
      01-10
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  • Ken3888
    ·01-09
    damn shit comment, feel like tearing tne 👄 
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  • limzihao03
    ·01-09
    Jensen Huang personally shorted these stockss... hypocrite
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  • Avenite
    ·01-09
    Overhyped stock that's why the massive exit with just a mere comment
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  • Kerop
    ·01-09
    appropriate answer!
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  • NightMorph
    ·01-09
    Definately. Nvidia are using scare tactics so investors will focus on their chips and no one else's. Then Nvidia releases their chip and looks like a revolutionary, and first in field.Typical tactics of big business to mislead the public and monopolize.
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  • Wcheow
    ·01-09
    Google's Quantum AI team unveiled Willow, a state-of-the-art quantum computing chip. Google has already used Quantum.
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  • SK165
    ·01-09
    Share your opinion about this news…
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  • hphoa
    ·01-09
    Fully agreed! Thank-you D-Wave, no regret burying.
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  • setia100
    ·01-09
    Agreed 👍. Huang's comment meant to protect his interest and importantly products ❗
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  • NOMS
    ·01-09
    Jensen Huang is just stirring  sheet to smokescreen the lack of good news. Wipe a few billions of his face last two days no thanks to him. 
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  • DreamZ85
    ·01-09
    He is right because ONLY master is using it as a testing for you guys. ONLY
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