Kristen Smith
IBM has announced plans to invest $150 billion in the United States over the next five years to accelerate its role as the global leader in computing.
The planned investment includes $30 billion in research and development to advance and continue the manufacturing of mainframe and quantum computers in the U.S., IBM said Monday, noting how quantum computing could impact the American future.
Quantum Computing’s Role In American Innovation
Nearly 300 Fortune 500 companies, academic institutions, national laboratories and startups and over 600,000 people have access to IBM’s Quantum Network. The company operates a large fleet of quantum computer systems and plans to design, build and assemble more quantum computers in the U.S. to enable solutions that could transform American competitiveness, jobs and national security.
IBM describes quantum computing as one of the biggest technology platform shifts and economic opportunities in decades, highlighting its capability to solve problems that existing conventional computers cannot solve.
Arvind Krishna, IBM chairman, president and CEO, said the multibillion-dollar investment will ensure that “IBM remains the epicenter of the world’s most advanced computing and AI capabilities.”
