Nvidia will open a quantum computing research lab in Boston, where it plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology, Nvidia CEO Jensen Huang said on Thursday.
Huang made the announcement at Nvidia’s annual software developer conference in San Jose, California, where Nvidia held a day of events focused on quantum computing.
Nvidia added the program after Huang in January said useful quantum computers are 20 years away, comments he sought to walk back on Thursday while joined onstage by executives from quantum computing firms.
“This is the first event in history where a company CEO invites all of the guests to explain why he was wrong,” Huang said.
The US and China are racing ahead in quantum development, with Washington imposing export restrictions on the technology.
Nvidia reported that it finished last year with record high revenue of US$130.5 billion, driven by demand for its chips to power artificial intelligence in data centres.