August 17, 2026
With The Walter Cronkite Dragon
Traditional reporting brought to you by the most trusted dragon in the world, IQT Sunday Edition delivers a straightforward, authoritative summary of national and international mainstream media coverage of quantum technologies.
“Europe has plenty of startups. Why are there so few tech giants?” is a 40-minute interview. Skip to 21:50 for an AI-generated overview of quantum computing, 23:17 for the threat to encryption, 24:04 for investment in quantum computing, and 33:35 for the interview proper. The interview covers the potential arrival of Q-Day as early as 2029, promising use cases, and the investment landscape. Riverlane and Nu Quantum get shoutouts.
“US officials work to close supply chain gaps as foreign investment grows” mentions that Finland-based Bluefors acquired a “quantum refrigeration company” in Syracuse, New York.”
“South Korea unveils future technology drivers, targets moon landing by 2030” reports that “the government aims to develop a domestic error-corrected 100-qubit quantum processor by 2029 and become the world’s leading quantum-chip manufacturing nation by 2035.” While the former aspiration is aligned with many of the industry’s roadmaps, the latter aspiration is remarkably ambitious.
“Infleqtion: Losses Are Growing but So Is Its Crucial Federal Quantum Business.” is paywalled but notes that revenues from federal contracts are increasing while the company reports widening second-quarter losses.
“Bank of America Pledges $250 Billion for Critical Infrastructure, AI” is paywalled, but notes that the US federal government is not alone in strengthening quantum computing’s supply chains, among other industries’ supply chains.
“Strong majority of Japanese firms have yet to fully embrace AI: Reuters poll” reports that Prime Minister Sanae Takaichi intends to boost domestic investment in quantum technologies, among other industries.
“Microsoft retreats in China, but AI boom helps it keep a window open” notes that Microsoft President Brad Smith told US lawmakers in 2023 that the company does not conduct quantum computing research, among other things, in China.
“From Apple to Ford: How Chinese tech is becoming harder for global companies to ignore” notes that US restrictions on investing in certain Chinese advanced technologies, including quantum technologies, began with Huawei being blacklisted in 2019.
“Allstate CEO’s Message on Quantum Computing: ‘Get on the Train’,” besides cheerleading the technology, reports that Allstate has a growing 10-person team on the one hand, but consumes only a small-but-important sliver of his time on the other.
“‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market” is paywalled, but the line “Quantum computing is coming for your crypto” is indicative of the content.
“Businesses Are Spending Big on Quantum” overlaps the article with Tom Wilson, CEO of Allstate, but dives ever-so-slightly deeper into the Boston Consulting Group (BCG) report that it mentions. It also mentions HSBC and EY in addition to Allstate.
“Arm co-founder Hermann Hauser’s AI warning: The revolution is real, but so is the bubble risk” provides a link to the CNBC The Tech Download podcast listed at the very top of this newsletter.
“Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filings” misuses the phrase “quantum of (AI) spending,” which I’ve previously encountered only on X. Nowhere else. Just X. Reuters needs to nip that in the bud real quick.
“TNB Tech Minute: Businesses Are All In on Quantum” recaps the same Boston Consulting Group (BCG) report that’s already mentioned in 2 CIO Journal links above.
And that’s the way it is, Sunday, August 16, 2026.
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