IBM Discloses $10 Billion Quantum Computing Investment Plan Through 2029
By
Matt Swayne
Front-window bakery material. Catches the eye, delivers the goods.
Summary
IBM has disclosed plans to invest over $10 billion over the next five years to advance quantum computing, aiming to build the first large-scale fault-tolerant quantum computer by 2029. The investment, revealed in an SEC filing, covers R&D, manufacturing, partnerships, and capital expenditures, and follows recent government investment in IBM's quantum technology.
Key quotes
· 3 pulledFresh off news that the government is investing big bucks in IBM's quantum tech, the company reports it is deepening its bet on quantum computing with plans to invest more than $10 billion over the next five years
The move reinforces the company's push to build what it says could become the first large-scale fault-tolerant quantum computer by 2029
According to the IBM SEC disclosure filed today (May 28), the investment will span research and development, manufacturing expansion, ecosystem partnerships, capital expenditures
You might also wanna read
$2 Billion CHIPS Act Quantum Package Centers on IBM's Anderon Foundry, Spreads Bets Across Nine Companies
The U.S. Department of Commerce and IBM announced a $2 billion CHIPS Act quantum computing investment package on May 21, 2026, centered on e
futurumgroup.com·6d agoIBM to build first large-scale, error-corrected quantum computer by 2028
IBM's Quantum System One: First Commercial Quantum Computer on Display in Waterloo Office
The article describes IBM's Quantum System One, the first circuit-based commercial quantum computer launched in January 2019, which is on di
IBM and AMD Partner to Develop Quantum-Centric Supercomputing Architecture
IBM and AMD announced a strategic partnership to develop next-generation quantum-centric supercomputing architectures that combine quantum c
newsroom.ibm.com·9mo agoBitcoin's Quantum Computing Vulnerability: Timeline and Upgrade Paths
The article discusses the quantum computing threat to Bitcoin's security, specifically how Bitcoin's current cryptographic signatures would