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Nvidia CEO says he was surprised that publicly-held quantum firms exist

Ian King / Bloomberg
Ian King / Bloomberg • 2 min read
Nvidia CEO says he was surprised that publicly-held quantum firms exist
The technical difficulties of building practical systems have meant that the field is still in an experimental stage. Companies such as Microsoft and Alphabet’s Google are also trying find practical uses for quantum systems. Photo: Bloomberg
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Nvidia CEO Jensen Huang said he didn’t realise there were publicly traded quantum computing companies when he made earlier comments that caused industry stocks to crash.

“My first reaction was, I didn’t know they were public. How can a quantum company be public?” Huang said at an event Thursday focused on the still-nascent technology. 

The executive had said in January that “very useful” quantum computers are probably decades away, causing shares of IonQ and other companies to tumble.

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