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IONQ CEO Niccolo De Massi goes one-on-one with Jim Cramer
CNBC Television· 2025-07-25 00:33
Company Performance & Market Positioning - Ionq's stock has increased by 476% over the past 12 months and is up 145% from its March lows [1] - Ionq positions itself as a leading quantum internet company, building both powerful, affordable quantum computers and the quantum networks required for secure communication [4][5] - Ionq claims to be racing against China to crack RSA encryption and provide quantum networking equipment to maintain global security [5] Technological Advancements & Partnerships - Ionq has demonstrated quantum advantage twice, including a 20x speedup in partnership with Nvidia and Amazon Web Services [6][7] - Ionq is making breakthroughs in computational analysis, including a protein folding partnership, and is on the verge of simulating molecules with 30-35 atoms [10] - Ionq's technology is advancing rapidly, with compute space doubling sometimes weekly or monthly, leading to potentially millions or billions times more powerful machines than classical computers [19][20] Industry Perspective & Future Outlook - Ionq's CEO believes the company's quantum processing units will become significantly cheaper than other paths to fully fault-tolerant machines [14] - Ionq's technology has potential applications across various fields, including drug discovery and material science [8][11] - Ionq's early start and technology choices, such as running with less energy at room temperature, give it a commercial advantage [17]
We're a fully fledged quantum internet company, says IONQ CEO Niccolo De Masi
CNBC Television· 2025-07-25 00:26
Quantum Computing & Networking Leadership - INQ is positioned as the largest player in the quantum computing and quantum networking sectors [1] - The company is building powerful and affordable quantum computers [1] - INQ is developing networks, nodes, and repeaters for secure communication in a quantum world, addressing the threat of quantum computers cracking RSA encryption [2] - INQ is racing against China to be the RSA cracker, emphasizing the importance of its quantum networking equipment for global security [2] Technological Advancement & Quantum Advantage - INQ has demonstrated quantum advantage twice, including at two GTC events [3] - A 20x speed up was achieved in partnership with Nvidia and Amazon Web Services, signifying real quantum advantage [4] - The era of quantum supremacy is approaching within quarters to single-digit years [5] Industry Impact & Future Applications - Quantum computing advancements will impact every area of applied science [5]
De Masi: Quantum networking will be huge in coming years
CNBC Television· 2025-06-13 11:29
All right. So, in your mind, where are we at when it comes to quantum computing. In January, Jensen Wong basically said it wasn't ready for prime time.He said now we're at an inflection point. What's the real answer right now. Is quantum computing, is it ready for prime time.In that sense, I mean ready for enterprise use. Yeah, look, I think we're already doing things in the enterprise space that has helped Jensen uh see reality on this in the last 6 months. You know, at the March GTC event in PaloAlto, we ...