IBM announces $150 billion investment to enhance tech leadership in the United States

IBM announces $150 billion investment to enhance tech leadership in the United States

Technology
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Arvind Krishna IBM chairman, president, and CEO | Official Website

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IBM has announced a significant investment in the United States, committing $150 billion over the next five years. The initiative is aimed at boosting the economy and solidifying IBM’s leadership in global computing, particularly in the manufacturing and development of mainframe and quantum computers.

“Technology doesn’t just build the future — it defines it,” stated Arvind Krishna, IBM chairman, president, and CEO. "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, a major employer in the U.S. technology sector, has played a crucial role in historical innovations such as the U.S. social security system and the Apollo Program. The company continues to advance technology from its Poughkeepsie, New York facility, where it manufactures mainframes that drive the American and global economies. Notably, these mainframes handle over 70% of the world's transaction values.

In addition, IBM operates the largest global fleet of quantum computer systems. The company intends to expand its quantum computing efforts by continuing to design, build, and assemble these advanced systems in the United States. Quantum computing is seen as a major technological and economic opportunity, addressing challenges beyond the capacity of conventional computers and impacting national security, job markets, and competitiveness.

IBM's Quantum Network, offering access to its quantum systems, is utilized by numerous Fortune 500 companies, academic institutions, national laboratories, and startups, with over 600,000 active users.

The announcement emphasizes IBM's role in shaping the future of American innovation and fostering economic growth both domestically and globally.

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