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Bloomberg Technology

Bloomberg Technology Special Live From GTC

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 20 March 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

Bloomberg’s Ed Ludlow looks at the impact Nvidia’s CEO has had on quantum computing. He sits down with industry leaders including the CEO of D-Wave and Executive Chairman of IonQ to discuss the timeline for quantum computing “usefulness”.

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Transcript

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0:00.0

Bloomberg Audio Studios, Podcasts, Radio News.

0:07.3

Yeah, welcome to this special edition of Bloomberg Technology.

0:10.2

I am Ed Ludlow.

0:11.0

We're live in San Jose at Nvidia's GTC conference where the major focus today has been

0:17.1

quantum computing.

0:18.0

Over the next 30 minutes or so, we're going to speak to Nvidia's senior director of Quantum, Tim Costa, as well as the leaders of quantum computing companies,

0:26.5

IonQ and D-Wave. And actually, I want to look at the shares of those companies. There was some

0:30.6

downward pressure on a number of quantum computing stocks today. I flagged that only because

0:36.3

that pressure continued as they were speaking

0:39.4

on stage alongside NVIDIA's CEO Jensen Huang. Now remember, quantum stocks went into

0:44.8

free fall on January 8th after NVIDIA's CEO said we were more than a decade away from

0:51.1

quantum computers being able to do anything useful. Now fast forward to today, and Huang had this to say about those earlier comments.

1:00.0

Have a listen.

1:01.0

I'm a public company CEO, and every so often someone asks me a question.

1:09.0

And most of the time, most of the time, well, some of the time, I'm going to try to lower

1:15.8

the bar here, some of the time I say something right.

1:20.6

And sometimes it comes out wrong.

1:23.9

Now here's the thing.

1:24.9

In the world of technology, historically at least, these have been two distinct fields, quantum computing and accelerated computing or supercomputers for AI. But increasingly, those worlds are coming together. Joining me now is Tim Costa, who's the senior director for quantum computing at

1:45.0

Nvidia.

1:46.0

And I think a really important place to start is what Nvidia does and what Nvidia does not do.

1:52.0

Invidia does not make quantum computers, nor does it sell quantum computers, but it does

...

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