IQT Sunday Edition
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.
THIRD ITERATION OF QUANTUM+AI OFFERS 80 POWERHOUSE SPEAKERS AND GREAT NETWORKING; PQC TRACK INCLUDED
Q+AI October 25-27 in New York City is a week from starting. The speaker lineup authored by Bob Sutor and Brian Siegelwax offers over 80 speakers including several exciting “fireside” chats. Cantor Fitzgerald is chairing the always interesting “chief executive” session; the event also includes a unique “show me the money” session. Q+AI also provides one of the few PQC tracks on 26 October. Registrants to Quantum+AI are entitled entry to the PQC seminar. A networking hall includes a dozen sponsors and several hours meeting fellow attendees. Complete registration information: www.iqtevent.com.
Quantum-Computing Company IonQ to Buy Cybersecurity Firm for Up to $1.3 Billion
Lauren Thomas, The Wall Street Journal Deals, Oct 12, 2026
and
IonQ to Buy Cybersecurity Firm Elisity in Up to $1.3 Billion Deal
Reuters, Oct 12, 2026
This corpus is a diverse collection of text data from various sources, including websites, articles, and documents, covering topics such as technology (particularly quantum computing and machine learning), data protection and privacy policies, professional development and training, and company information. This collection includes contexts from many websites, financial reports, investor information, and corporate governance, which can be drawn upon to provide information and answer questions.
and
IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit
Olivia Solon, Bloomberg Technology | Cybersecurity, Oct 12, 2026
and
IonQ to Buy Cybersecurity Firm for Up to $1.3B
Morgan Brennan, CNBC News Videos, Oct 12, 2026
and
AI Fuels M&A Machine
Steven Rosenbush, The Wall Street Journal Newsletters CIO Journal, Oct 12, 2026
IonQ will acquire Elisity in an all-stock deal valued at up to $1.3 billion, including up to $150 million in earnouts, as it expands its quantum security business, with closing expected in the fourth quarter of 2026.
Intel CEO Says Chinese Frontier AI Model Adoption Has Been ‘Very Fast’
Jun Yuan Yong, Reuters, Oct 12, 2026
Intel CEO Lip-Bu Tan tells a Singapore panel that quantum computing could become mainstream in three to five years, with software driving efficient use of the infrastructure it will require.
New York City Agrees to Profit-Sharing Deal With N.Y.U. Quantum Lab
Emma Goldberg and Jeffery C. Mays, The New York Times New York Region, Oct 14, 2026
In exchange for a $30 million investment in New York University’s QFab Quantum Technology Lab, the city will receive 15 percent of proceeds from intellectual property developed there, the first deal from Mayor Zohran Mamdani’s reimagined Economic Development Corporation.
Exail Technologies Q3 Revenue Rises 21% on Maritime Robotics, Photonics Strength
Hugo Lhomedet and Matthieu Huchet, Reuters, Oct 14, 2026
Exail’s Advanced Technologies revenue grew 12% organically, helped by photonics demand for quantum instruments and related products.
Houthi Strike Hits Building at Saudi Aramco Headquarters
Summer Said, The Wall Street Journal World Middle East, Oct 14, 2026
Not in the article: The missile strike on Saudi Aramco’s headquarters in Dhahran is also an attack on the city that hosts Pasqal’s neutral atom quantum computer in the company’s data center.
Trading Day: Tech Melt
Jamie McGeever, Reuters Commentary Reuters Open Interest, Oct 15, 2026
Nine of the 35 equity-stake deals the United States government has struck since June 2025 are in quantum computing firms, according to the Cato Institute.
HSBC on Using AI and Quantum Computing
Michael Roberts, Bloomberg News Videos, Oct 15, 2026
HSBC’s Corporate and Institutional Banking chief executive discusses how far the bank has come in putting quantum computing to work, calling it a “successful experiment,” using IBM hardware to predict prices and match buyers and sellers to bonds. He also discusses future directions.
The Aesthetics of Quantum Computing
Edwin Heathcote, Financial Times Opinion Outlook, Oct 15, 2026
Heathcote holds up Quantum Motion’s art deco styled quantum computer as proof that elegant design can make the technology look as impressive as it is, and perhaps placate the backlash that data centers have drawn.
New York City Wants to Be the Capital of Quantum. Join the Club.
Mackenzie Tatananni, Barron’s Technology, Oct 15, 2026
This article is paywalled, but we can see that Mayor Zohran Mamdani’s $29.2 million investment in a new quantum fabrication facility is meant to make New York City the world’s “quantum capital,” a claim the author suggests other hubs are making too.
AI Agents to Soon Trade Bonds, HSBC’s Investment Bank Head Says
Bloomberg News, Bloomberg Finance Investing, Oct 15, 2026
Michael Roberts of HSBC Holdings predicts that quantum computing, sped up further by artificial intelligence, will let agents analyze complex market movements and trade bonds.
On the Campaign Trail, JB Pritzker Courts Farmers Like He’s Running for President
Emily Schmall and Karl Plume, Reuters, Oct 16, 2026
Even while promoting agriculture as a critical industry, Illinois Governor JB Pritzker says he looks to quantum computing and advanced manufacturing to drive the state’s economic growth.
Letter: Quantum Is Impressive but It’s Not Yet Cost-Competitive
Smith Rothchild, Financial Times Letters, Oct 17, 2026
A Seattle reader checks the arithmetic on a quantum start-up chief executive’s 24-hour-to-17-minute speedup example and argues quantum computing must get its costs in line with traditional computing before it can compete outside cryptography and molecule simulation.
And that’s the way it is, Sunday, October 18, 2026.
