The tech giant is the latest to announce U.S.-based commitments in the wake of the Trump administration’s push to increase domestic manufacturing
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.”
https://www.fastcompany.com/91324495/ibm-quantum-computing-major-push-as-part-of-us-investment
