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The Morning Download: Trump Seeks to Boost Quantum Computing
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By Steven Rosenbush | WSJ Leadership Institute
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Good morning. Quantum computing has been a persistent, distant goal for years, but its commercial viability may be at hand.
President Trump on Monday signed a pair of executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present, The Wall Street Journal reports.
One order directs federal agencies including the Energy Department to work with the private sector and academics to deploy a quantum computer powerful enough to conduct scientific research by 2028, according to the WSJ. That’s an aggressive timeframe, but consistent with the deadlines that some private-sector efforts have established.
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Content from our sponsor: Deloitte
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3 Ways to Protect Data Credibility in the AI Era
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Scenario planning and agile governance are only as strong as the data that underpins them. How can leaders discern if information used for decision-making can be trusted? Read More
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As the WSJ Leadership Institute’s Isabelle Bousquette reported in September, PsiQuantum plans to build a 1-million-qubit fault-tolerant machine right off the bat. A fault tolerant quantum computer is one that can correct the small, unavoidable errors that arise in computation and consistently deliver reliable results. A quantum computer in Brisbane, Australia, is expected to be online by the end of 2027 and one in Chicago in 2028, the company said.
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(Do you want to learn about how quantum computing works? See this visual explainer from Isabelle and the WSJ’s Peter Champelli and Annie Ng.
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Quantum computers will be quicker and more powerful across many kinds of tasks, including organizational problems, according to the quantum explainer. A powerful classical computer can help a shipping logistics company evaluate shipping routes, but it does so sequentially, whereas a quantum computer can assess the options simultaneously.
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A quantum leap in hacking. Trump signed a second executive order directing agencies and government security experts to prepare for quantum systems that can evade standard encryption more quickly than previously anticipated, the WSJ said. The goal is to bolster security so that quantum-equipped hackers can’t take down critical infrastructure.
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Tech Leader Takeaway. Companies are already racing to keep up with innovations and changes in AI. As quantum computers come to market, they will further test the ability of the enterprise to adapt. That organizational capacity is bound to be the corporate super skill of the near future.
Is your company ready for that level of change? Let us know.
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The $100-million-plus CEO pay package made a comeback last year, with more U.S. chief executives hitting that mark than in any year since 2021, the WSJ reports. Nearly a dozen topped $200 million.
Elon Musk dwarfed them all with a record $158 billion package from Tesla—roughly 16 times the combined pay of all 391 other CEOs.
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Oracle reaffirmed its guidance of $90 billion in revenue in its 2027 fiscal year. Scott Coleman/Zuma Press
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Oracle's headcount fell about 13% in its last fiscal year, dropping to roughly 141,000 full-time employees by the end of May from 162,000 a year earlier as it developed its AI business, the WSJ reports. The company in its annual report said AI adoption may continue to reduce its workforce.
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Chevron has struck a 20-year deal to sell electricity to Microsoft which plans to build a 2.7-gigawatt data center campus, the WSJ reports. The West Texas site will have its own on-site power plant fueled by Chevron’s local natural-gas production
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For the first time since 2017, China hosts the world's fastest supercomputer, the New York Times reports. Tests by researchers found that Shenzhen-based LineShine was more than 20% faster than California's El Capitan from Lawrence Livermore National Laboratory, which has held the title since November 2024.
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After a security lapse left sensitive data—including AI prompts and private conversations—accessible across the company, Meta is pausing an employee-tracking program used to help train its AI models, the Information reports.
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SpaceX will rent data-center capacity to Reflection AI, a startup building a network of open-source AI models, the WSJ reports.
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WSJ Leadership Institute at Cannes Lions
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WSJLI President Alan Murray, left, spoke with Doc Rivers at the Cannes Lions International Festival of Creativity PHOTO: WSJ Leadership Institute
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WATCH | How IBM saved $4.5 billion using AI. IBM senior vice president of marketing and communications Jonathan Adashek explains the company's "client zero" initiative, which used AI and automation to cut $4.5 billion in spending over three years.
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The WSJ Technology Council Summit
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This September 14–15, technology leaders will gather in New York City for the WSJ Technology Council Summit to explore how enterprise AI is moving from experimentation to measurable business value. Join the Technology Council and be part of the conversations shaping the future of leadership, as executives tackle AI deployment, cybersecurity, evolving technology policy, enterprise transformation and the strategies driving the next generation of business innovation.
Request an Invitation
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