Nvidia CEO Jensen Huang admits mistake: First event where a CEO invites guests to…

Nvidia CEO Jensen Huang backtracked from his comments in January, where he cast doubt on the timeline for useful quantum computers. Speaking at Nvidia’s “Quantum Day” event, part of its annual GTC Conference, Huang acknowledged that his remarks had been misleading. “This is the first event in history where a company CEO invites all of the guests to explain why he was wrong,” Huang said.

Back in January, Huang caused a stir in the quantum computing industry when he suggested that a 15-year timeline for useful quantum computers was “on the early side.” At the time, he said 20 years was a more realistic estimate, a view shared by many in the tech industry. His comments led to a drop in quantum computing stock prices.