Tech »  Topic »  IBM’s $150 Billion US Investment to Boost Quantum Innovation and National Security

IBM’s $150 Billion US Investment to Boost Quantum Innovation and National Security


IBM will invest more than $30 billion in research and development to advance and continue its American manufacturing of mainframe and quantum computers.

IBM today announced a sweeping $150 billion investment plan to strengthen American innovation and leadership in advanced computing over the next five years, including more than $30 billion in research and development to advance and continue its American manufacturing of mainframe and quantum computers.

The move reinforces IBM’s commitment to American manufacturing, with a strong focus on expanding its capabilities in mainframe and quantum computing — two critical pillars for national security and economic competitiveness.

“Technology doesn’t just build the future — it defines it,” said Arvind Krishna, IBM chairman, president, and CEO.

IBM’s legacy of powering major American milestones, from the Social Security system to the Apollo Program, continues today in Poughkeepsie, New York, where Big Blue claims its American-built mainframes underpin more than 70 ...


Copyright of this story solely belongs to securityweek . To see the full text click HERE