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Nvidia CEO: Quantum Computers Won't Be Very Useful for Another 20 Years


Nvidia CEO Jensen Huang said quantum computers won't be very useful for another 20 years, causing stocks in this emerging sector to plunge more than 40% for a total market value loss of over $8 billion. "If you kind of said 15 years for very useful quantum computers, that'd probably be on the early ...

Nvidia CEO Jensen Huang said quantum computers won't be very useful for another 20 years, causing stocks in this emerging sector to plunge more than 40% for a total market value loss of over $8 billion. Nord Quantique CEO Julien Lemyre previously told PCMag that quantum error correction is the future of the field, and his firm is working on a solution. "China is making some of the largest investments in quantum computing, pumping in billions of dollars into research and development in the hope of being the first to create a large-scale, cryptographically relevant machine," Erven tells PCMag in a statement.

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