IBM is supercharging its quantum computer efforts as part of a major 5-year investment in U.S. tech
IBM plans to invest $150 billion in tech manufacturing, research, and development in the United States over the next five years. The technology giant announced this commitment in a news release on Monday. IBM says the investment will accelerate American production of quantum computers and fuel the economy. The $150 billion investment includes more than $30 billion to fund research and development to advance American manufacturing of mainframe and quantum computers. IBM is one of the largest technology employers in the U.S. The company currently has manufacturing facilities in Poughkeepsie, New York. “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,” IBM CEO Arvind Krishna said in a statement. Largest fleet of quantum computer systems According to the company, IBM’s advancement of quantum computer systems “will not only help us better understand the fundamentals of how the world works but [it’s] projected to transform American competitiveness, jobs, and national security.” The tech giant says it operates the largest fleet of quantum computer systems and will continue to design, build, and assemble quantum computers in the U.S. Earlier this month, IBM announced the z17, its next-generation mainframe, which is fully engineered with AI capabilities. IBM is the latest company to announce U.S.-based manufacturing commitments following the Trump administration’s push to increase American manufacturing. Other companies that have pledged similar initiatives include Apple, GE Aerospace, and Nvidia. Last week, IBM announced that it had lost 15 government contracts due to the cost-cutting initiatives of the Trump administration. This impacts about $100 million in future revenue.
IBM plans to invest $150 billion in tech manufacturing, research, and development in the United States over the next five years. The technology giant announced this commitment in a news release on Monday. IBM says the investment will accelerate American production of quantum computers and fuel the economy.
The $150 billion investment includes more than $30 billion to fund research and development to advance American manufacturing of mainframe and quantum computers. IBM is one of the largest technology employers in the U.S. The company currently has manufacturing facilities in Poughkeepsie, New York.
“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,” IBM CEO Arvind Krishna said in a statement.
Largest fleet of quantum computer systems
According to the company, IBM’s advancement of quantum computer systems “will not only help us better understand the fundamentals of how the world works but [it’s] projected to transform American competitiveness, jobs, and national security.”
The tech giant says it operates the largest fleet of quantum computer systems and will continue to design, build, and assemble quantum computers in the U.S. Earlier this month, IBM announced the z17, its next-generation mainframe, which is fully engineered with AI capabilities.
IBM is the latest company to announce U.S.-based manufacturing commitments following the Trump administration’s push to increase American manufacturing. Other companies that have pledged similar initiatives include Apple, GE Aerospace, and Nvidia.
Last week, IBM announced that it had lost 15 government contracts due to the cost-cutting initiatives of the Trump administration. This impacts about $100 million in future revenue.
