The Twin Cities Business Show

The Future of Quantum Computing Runs Through Bloomington, Minnesota

46 min · 29 de abr de 2026
Portada del episodio The Future of Quantum Computing Runs Through Bloomington, Minnesota

Descripción

In 2017, Skywater Technology was spun out from Cypress Semiconductor as an independent semiconductor foundry based in Bloomington, Minnesota. In 2026, it was announced that they would be acquired by quantum computing giant IonQ for $1.8 billion. This episode is about everything that happened in between. We sat down with the company's CEO, Thomas Sonderman, to hear more about their path to becoming an integral part of some of the most advanced technological supply chains in the United States. Sonderman shares how the company focused on growing their Advanced Technology Services (ATS) business, which pairs collaborative teams with clients that need rapid innovation and customized solutions for their technology. By marrying innovation as a service with manufacturing as a service, they've built a company that's grown from 300 to 900 employees in Bloomington with another 900 employees located across the U.S. Listen in to why the future of quantum computing runs through Bloomington.

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17 episodios

Portada del episodio The Secret Science Behind Dairy Queen's Blizzards

The Secret Science Behind Dairy Queen's Blizzards

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Portada del episodio Kris Lindahl on Haters, Billboards, and Building a Huge Personal Brand

Kris Lindahl on Haters, Billboards, and Building a Huge Personal Brand

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Portada del episodio 170+ Franchises and Counting – Michele Henry and the FACE FOUNDRIÉ Story

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Portada del episodio The AI Playbook Behind General Mills’ Digital Transformation

The AI Playbook Behind General Mills’ Digital Transformation

AI is going to transform every workplace, and that makes a lot of people afraid. At the first live taping of The Twin Cities Business Show, we asked Jaime Montemayor, the Chief Digital, Technology & Transformation Officer at General Mills, about this fear. No, he does not think AI is going to wipe out millions of jobs – but he thinks it will change them. It will change how businesses work, and the people that can use it to reinvent business processes will drive a lot of value in the months and years to come. He also believes that it will create new categories of jobs that don't yet exist. If you want to drive change at your organization with AI, you need to have a human in the loop. Jaime shared that at General Mills, there are processes that require more human touch than others, but the bigger the decision, the more critical it is to have someone making the final call. Their company has overhauled its tech stack and built an internal AI tool called MillsAI which contains a toolbox of approved, secured tools that their employees can use. Finally, he shared that cats are one of the biggest growth areas for General Mills. Cat ownership is growing faster than any other pet in the U.S., and Jaime shares how the company is capitalizing. They expanded from human food to pet food with the $8 billion purchase of Blue Buffalo in April 2018, and increased their footprint by buying Tiki Cat for $1.45 billion in late 2024.

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Portada del episodio Inside Bread & Butter Ventures: The VC Firm Backing Minnesota’s Next Big Companies

Inside Bread & Butter Ventures: The VC Firm Backing Minnesota’s Next Big Companies

How can we get the venture and startup ecosystem in Minnesota to really take off? According to Mary Grove of Bread and Butter Ventures, we need to shift resources from investments in real estate and late-stage private equity into venture capital. Those investments could provide necessary oxygen to innovators that are looking to build and scale their companies and create growth engines for the state for many years to come. Mary says that we're in an AI bubble – but it's not going to pop soon. Your company needs to be thinking about your strategy: "Whether you are an AI company or not, there needs to be a component of an AI strategy."If you're building a company, here are the three things Mary says you need to think about before you raise venture capital: 1) What is the founder/product fit? Why you, why this problem, and why do you want to be on a ten year journey to build it? 2) What type of business are you building, and what's the best way to capitalize that business? Venture is a very specific type of funding, and you should make sure it's aligned with your company's goals before pursuing it. 3) Do you have a team of co-founders that you deeply believe in? Mary shared that the team is the biggest thing they look at before making an investment. What are your strengths as a leader, and is this who you want to be in the trenches with day in and day out?

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