In the last two weeks, NVIDIA, the enabler and chief beneficiary of the AI craze, has bought into quantum computing. “I'm a little surprised they haven't done it before,” says Richard Shannon, an investment analyst at Craig Hallum.

The investments from NVIDIA’s venture capital arm and other investors—which collectively value quantum computing startups Quantinuum , QuEra and PsiQuantum at over $17 billion—represent a shift in tone for NVIDIA’s CEO, Jensen Huang. In January, Huang said that useful quantum computers were 15 to 20 years away, sending publicly-listed quantum computing firms tumbling. He walked this back in March , saying in June that quantum computing had reached an “inflection point” and could “solve some interesting problems in the coming years”. A NVIDIA spokesp

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