Jensen Huang founded accelerated computing company Nvidia ( NVDA -0.02%) in 1993, and has served as the CEO and president ever since. Nvidia has achieved many breakthroughs under his leadership, but the invention of the graphics processing unit (GPU) in 1999 was particularly momentous.
The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a question-and-answer session with analysts, Huang put forth a more pessimistic view of the quantum computing timeline:
Nvidia CEO's comments on quantum computing caused a market drop, erasing $8 billion from companies like IonQ, Rigetti, and D-Wave. Huang suggested useful quantum computing may be 15-30 years away. D-Wave's CEO disagreed,
Nvidia CEO Jensen Huang used his CES 2025 keynote to unveil the company’s next generation of GPUs and declare the rise of "Agentic AI"—a shift he says will create a multi-trillion-dollar industry and redefine how people work.
"We still see CES as a positive catalyst, re-asserting NVDA's platform dominance/opportunity in high-growth markets," Bank of America said.
The stock had risen to a new all-time high of $149.43 a share on Monday but Huang failed to deliver short-term promises to investors on the firm’s artificial intelligence and robotics
Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.
Francis deSouza is Google Cloud’s new chief operating officer. He co-founded AI research startup Synth Labs last year after numerous stints at Symantec, Illumina and others (per CRN). Salesforce moves Slack Chief Revenue Officer Kaylin Voss over to be EVP of Agentforce and Data Cloud.
Rigetti Computing (NASDAQ: RGTI) stock posted explosive gains across 2024. The quantum computing company's share price closed out the year's trading up 1,449.4%, according to data from S&P Global Market Intelligence.
Nearly 140,000 people descended on Las Vegas this week for the Consumer Electronics Show, one of the largest trade shows in the industry. Alongside them were Pittsburgh companies eager to make a splash.
AI-boosted gaming chips, solar-powered cars and PS5 games you could smell were among the highlights at this year’s event