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

Tiger Newspress08:28

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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Comments

  • Dan1192
    9 minutes ago
    Dan1192
    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
  • Ken3888
    11:57
    Ken3888
    damn shit comment, feel like tearing tne 👄 
  • limzihao03
    11:43
    limzihao03
    Jensen Huang personally shorted these stockss... hypocrite
  • Avenite
    11:35
    Avenite
    Overhyped stock that's why the massive exit with just a mere comment
  • Kerop
    10:44
    Kerop
    appropriate answer!
  • NightMorph
    10:00
    NightMorph
    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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