According to Reuters, IBM plans to invest more than $10 billion in quantum computing over five years, including R&D, manufacturing expansion, partnerships, M&A, and a separate $1 billion investment in Anderon.
IBM plans to invest more than $10 billion in quantum computing over five years, targeting a large-scale machine by 2029, according to Reuters. The spending will cover research and development, capital expenditures, ecosystem partnerships, manufacturing expansion, and mergers and acquisitions. Reuters also reported that IBM will invest $1 billion in Anderon. The move adds more detail to IBM’s previously reported quantum plan and remains relevant to cryptography and security-sensitive technology sectors, including areas watched by digital asset markets.