Nvidia plots Quantum Day at GTC 2025 – for tech it called a distant dream
A week after Nvidia chief Jensen Huang demolished the market valuations of listed quantum computing brands by saying the technology is 20 years away from being useful, the GPU maker has confirmed it is hosting a quantum computing day.
Speaking at the CES technology trade show, Nvidia's rock star CEO claimed quantum systems are probably five to six orders of magnitude short of the number of qubits needed to make them practical. He speculated it would take more than 15 years and probably more like 20 years to fix this.
In response, the share prices of quantum businesses such as Rigetti, D-Wave, and IonQ slumped by nearly 50 percent when they weren't exactly riding high to begin with.
Yet this week, Nvidia announced it will be holding a Quantum Day at its own GTC 2025 conference in March, describing quantum computing as "one of the most exciting areas in computer science, promising progress in accelerated computing beyond what's considered possible today."
Never one to be outdone in the marketing hype stakes, Microsoft also proclaimed 2025 as "the year to become quantum ready," claiming the industry is on the cusp of an era of reliable quantum computing, making this "a critical and catalyzing time for business leaders to act."
