Nvidia invests in quantum computing weeks after CEO said it's decades from being useful

Nvidia is investing in a research center to advance quantum computing development, just weeks after its head honcho torpedoed the share price of quantum firms by declaring the tech is decades away from being useful. The California-based GPU biz announced at its GTC 2025 event in San Jose that it is building a research center …

[Doctor Syntax]

A combination of FOMO & need to get the share price back up after DeepSeek clobbered it, I suppose.

[Empire of the Pussycat]

QC is in a superposition of useful and not useful, eventually it'll collapse

Much like the CEO

[cyberdemon]

Re: QC is in a superposition of useful and not useful, eventually it'll collapse

And indeed, the share price

Probably, NVDA are seriously worried about the impending burstage of the "AI" bubble, and are seeking to diversify their offering with a little bit more snakeoil/bullshit.

[Bebu sa Ware]

Re: QC is in a superposition of useful and not useful, eventually it'll collapse

Clearly a spin state that's entangled with company's share price.

[Ianab]

To be fair it might be 10+ years away from any practical application.

Doesn't mean they should ignore it and hope they can catch up, After other Companies have the lead in the new market. It shouldn't be "Bet the Company on it" level of investment, but having a team that's working in the field means some in-house expertise to build upon. It may or may not pay off, and some other moon-shot project might be the next big thing.

[druck]

Of course the bit about it being all bollocks and never working doesn't enter in to the equation, but then why should quantum be any different to the proceeding hypefeasts of AI and crypto, which sold lots of jumped up graphics cards.