Pop-Up Thingie

>>> Magnum BBS <<<
  • Home
  • Forum
  • Files
  • Log in

  1. Forum
  2. Usenet
  3. COMP.MISC
  • Quantum Computing 20 years off

    From Retrograde@21:1/5 to All on Sun Jan 12 04:18:34 2025
    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-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • Who's Online

  • Recent Visitors

    • Centurion
      Tue Jun 10 22:39:19 2025
      from Berea, Ohio via Telnet
    • Bob Worm
      Tue Jun 10 22:08:07 2025
      from Wales, Uk via Telnet
    • Rick V
      Tue Jun 10 21:42:39 2025
      from Plymouth, Mn via Telnet
    • Bob Worm
      Tue Jun 10 18:05:17 2025
      from Wales, Uk via Telnet
    • Plume
      Tue Jun 10 17:23:42 2025
      from Uk via SSH
    • Bob Worm
      Tue Jun 10 13:56:21 2025
      from Wales, Uk via Telnet
    • Centurion
      Tue Jun 10 04:44:57 2025
      from Berea, Ohio via Telnet
    • Bob Worm
      Mon Jun 9 23:08:44 2025
      from Wales, Uk via Telnet
  • System Info

    Sysop: Keyop
    Location: Huddersfield, West Yorkshire, UK
    Users: 490
    Nodes: 16 (2 / 14)
    Uptime: 59:00:31
    Calls: 9,676
    Calls today: 7
    Files: 13,719
    Messages: 6,171,340

© >>> Magnum BBS <<<, 2025