IBM Plans $10 Billion Investment in Quantum Computing by 2029

IBM has announced its intention to invest over $10 billion in quantum computing over the next five years. According to Odaily, the tech giant aims to develop the world's first large-scale quantum computer capable of executing complex calculations reliably and accurately by 2029. The investment will span various areas, including research and development, capital expenditures, ecosystem partnerships, manufacturing capacity expansion, and acquisition activities. IBM also plans to invest $1 billion in Anderon, which will not only serve IBM but also offer its chip manufacturing technology to external clients. The company has already begun discussions with potential customers.