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. Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts. Quantum computing promises to solve problems that are difficult for current processors, such as decoding encryption, generating random numbers and large-scale simulations. While Huang’s “comments may not be totally off-base for gate model quantum computers, well, they are 100% off base for annealing quantum computers,” Baratz said.

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Persons: Alan Baratz, Nvidia’s Jensen Huang, Huang, Huang’s, “, ” Baratz, CNBC’s Deidre, ”, IonQ, Baratz, l’ll, Jensen Organizations: Nvidia, Mastercard, Japan’s NTT Docomo, Microsoft, IBM, Google, Computing