Thu Jan 09 06:00:28 UTC 2025: ## D-Wave CEO Slams Nvidia’s Huang, Says Quantum Computing is Here Now

**Vancouver, Canada** – The quantum computing industry experienced a significant shake-up Wednesday following comments from Nvidia CEO Jensen Huang that dampened investor enthusiasm. Huang predicted that widespread adoption of useful quantum computers is still 15-30 years away, citing the need for millions of qubits. This statement sent several quantum computing stocks plummeting, including D-Wave, which saw a 36% drop.

However, D-Wave CEO Alan Baratz swiftly refuted Huang’s claims, asserting that D-Wave’s annealing-based quantum computers are already being used in production by companies such as Mastercard and NTT Docomo. Baratz highlighted the immediate commercial application of D-Wave’s technology, contrasting it with the gate-based approach that Huang’s timeline might apply to. While acknowledging the long-term potential challenges of gate-based quantum computing, Baratz insisted D-Wave’s technology is delivering tangible benefits today, not in a distant future.

Despite D-Wave’s relatively small revenue ($1.9 million in the last quarter), Baratz emphasized the company’s current market success and year-over-year stock growth (approximately 600%). He openly challenged Huang to a meeting to clarify the discrepancies in their perspectives. The contrasting viewpoints underscore the ongoing debate within the quantum computing sector, highlighting the divergence between different technological approaches and their respective timelines for commercial viability. The incident also underscores the volatility of the quantum computing market, which has seen dramatic stock fluctuations in recent months, fueled by both technological advancements and investor sentiment.

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