The U.S. government is considering taking stakes in quantum computing startups like Atom Computing, D-Wave, IonQ, Rigetti, and Quantum Computing in exchange for federal funding of at least $10 million each. Managed through the Commerce Department’s CHIPS program, the plan aims to support U.S. quantum companies, provide needed capital, and potentially earn returns for taxpayers, reflecting the government’s growing role in strategic tech investments. This and more on the Tech Field Day News Rundown with Tom Hollingsworth and Alastair Cooke.

Time Stamps:
0:00 - Welcome to the Tech Field Day News Rundown
1:02 - Microsoft and OpenAI Strengthen Partnership with $135B Investment
3:53 - Amazon Cuts 14,000 Jobs Amid AI Expansion
7:47 - IBM Acquires Txture to Accelerate Cloud Modernization
10:26 - IBM and AMD Reach Major Quantum Computing Breakthrough
13:58 - Qualcomm Enters AI Chip Market to Compete With NVIDIA
17:12 - Palo Alto Networks Expands AI Security and Automation Capabilities
20:48 - U.S. Government Looks to Invest in Quantum Computing Startups
28:10 - The Weeks Ahead: Upcoming Events
30:14 - Thanks for Watching the Tech Field Day News Rundown