IBM commits $150 billion to U.S. quantum computing and manufacturing expansion

With a $150 billion investment, IBM aims to enhance its quantum computing capabilities and solidify American jobs, ensuring leadership in AI and tech innovation.

Sources:
Foxbusiness
Updated 2h ago
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Expert Analysis

CEO's Vision on Technology, Jobs and Historical Contributions

Technology doesn’t just build the future — it defines it.
Arvind Krishna
IBM chairman
Foxbusiness
We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities.
Arvind Krishna
IBM chairman
Foxbusiness
Percentage of global transactions running through IBM mainframes
70%
Foxbusiness
Key Facts
  • American Focus has been integral to IBM's operations for 114 years, illustrating their commitment to jobs and manufacturing.Foxbusiness
  • Impact on Industries includes enabling the U.S. social security system and the Apollo Program, showcasing IBM's historical significance.Foxbusiness
  • Global Transaction Leadership is evident as more than 70% of global transactions by value run through IBM mainframes made in America.Foxbusiness
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Background Context

IBM's Strategic Investment for Quantum Computing and Job Growth

Total investment in the US
$150 billion
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Investment in research and development
$30 billion
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Key Facts
  • IBM's Investment Plan aims to bolster American jobs and enhance domestic quantum computing manufacturing.1
  • Quantum Computer Manufacturing will see over $30 billion directed towards research and development to support American operations.1
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