From: fungus@amongus.com.invalid   
      
   From the «needs more AI or some shit» department:   
   Title: Nvidia CEO: Quantum Computing is Still 20 Yrs Away   
   Author: admin@soylentnews.org   
   Date: Sat, 11 Jan 2025 05:04:00 +0000   
   Link: https://soylentnews.org/article.pl?sid=25/01/10/1534249&from=rss   
      
   Frosty Piss[1] writes:   
      
   Quantum? No solace: Nvidia CEO sinks QC stocks with '20 years off' forecast[2]   
      
   Shares in some publicly traded QC companies saw steep declines today,   
   following Nvidia[3] CEO Jensen Huang[4]'s CES rather reasonable remark that   
   practical quantum systems may still be 20 years away.   
      
   Speaking at a financial analyst QA session at the conference, Huang said[5]   
   the world is probably five to six orders of magnitude away from the number of   
   qubits needed to make practical quantum computers - and he doesn't expect   
   anyone to break that threshold anytime soon. Huang's grim but frankly   
   realistic outlook on the future of quantum computing added to the sector's   
   woes, with some companies seeing stock prices plummeting when markets opened   
   the next day. D-Wave, Quantum Computing Inc, Rigetti, and IONQ are all down   
   nearly 50 percent as of writing.   
      
   The only leading publicly-traded quantum computing firm to escape a   
   50-percent decline in value is UK-based Arqit Quantum, but it's still down by   
   around 30 percent.   
      
   ------------------------------------------------------------------------------   
      
   Original Submission[6]   
      
   Read more of this story[7] at SoylentNews.   
      
   Links:   
   [1]: https://soylentnews.org/~Frosty+Piss/ (link)   
   [2]: https://www.theregister.com/2025/01/08/quantum_no_solace_nvidia_ceo/   
   (link)   
   [3]: https://finance.yahoo.com/quote/NVDA/ (link)   
   [4]: https://en.wikipedia.org/wiki/Jensen_Huang (link)   
   [5]: https://video.ibm.com/recorded/134164455 (link)   
   [6]: https://soylentnews.org/submit.pl?op=viewsubsubid=64749 (link)   
   [7]: https://soylentnews.org/article.pl?sid=25/01/10/1534249&from=rss (link)   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)