D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers would need 1 million times the number of quantum processing units, called qubits, than they currently have. Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts. Huang’s remarks sent stocks in the nascent industry slumping, with D-Wave plunging 36% on Wednesday. “The reason he’s wrong is that we at D-Wave are commercial today,” Baratz told CNBC’s Deidre Bosa on “The Exchange.” Baratz said companies including Mastercard and Japan’s NTT Docomo “are using our quantum computers today in production to benefit their business operations.” “Not 30 years from now, not 20 years from…
