Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says

Quantum Computing Industry Overview - Quantum computing aims to solve complex problems like decoding encryption, generating random numbers, and large-scale simulations, which are challenging for current processors [3] - Major companies such as Nvidia, Microsoft, and IBM, alongside startups and universities, are actively pursuing advancements in quantum computing [3] D-Wave Quantum's Position - D-Wave Quantum CEO Alan Baratz disputes Nvidia CEO Jensen Huang's claim that useful quantum computers are 15 to 30 years away, stating that D-Wave's quantum computers are already in commercial use today [1][2] - Companies like Mastercard and Japan's NTT Docomo are currently using D-Wave's quantum computers in production to enhance their business operations [2] - Despite its commercial applications, D-Wave's revenue remains minimal, with a 27% decline in sales to $1.9 million in the latest quarter compared to $2.6 million a year earlier [2] Nvidia's Perspective on Quantum Computing - Nvidia CEO Jensen Huang believes that achieving "very useful quantum computers" could take 15 to 30 years, a statement that caused a slump in stocks within the quantum computing industry [2] - Huang mentioned that Nvidia could produce conventional chips to complement quantum computing chips but emphasized the need for a million times more quantum processing units (qubits) than currently available [1]