IBM Announces $150 Billion US Investment to Boost Quantum Computing and Manufacturing
IBM
The company said in a statement that the investment will include more than $30 billion for research and development to advance and continue IBM's American manufacturing of mainframe and quantum computers.
'Technology doesn't just build the future—it defines it,' said Arvind Krishna, IBM chairman, president, and chief executive officer. '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 said it operates 'the world's largest' fleet of quantum computer systems and will continue to design, build, and assemble quantum computers in America.
The company
IBM competitors such as Google
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2/24/2025
IBM's announcement follows similar investment pledges by tech companies such as
Several
Last year, IBM
IBM, one of the largest technology employers in the United States, has secured government contracts for projects such as the U.S. Social Security system and the Apollo space program. It has also provided private sector technology support across the economy. However, IBM
The company is headquartered in Poughkeepsie, New York, where it also manufactures mainframes that support more than 70 percent of the world's transactions by value, the company said. Mainframes
IBM did not respond to an Epoch Times request for comment on additional information, including how many new jobs would come from the investment and where the investments would be.
Dorothy Li and Reuters contributed to this report.
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