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IBM Bets $10 Billion on Quantum Computing as Race for Next-Generation Technology Intensifies - Yahoo Finance

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⚡ Quantum Brief

IBM will invest over $10 billion in quantum computing over five years to build the first large-scale, error-free quantum computer by 2029, accelerating its leadership in next-gen tech. The U.S. government is backing the push with $2 billion in equity stakes across nine quantum firms, including IBM’s new $1 billion venture, Anderon—the nation’s first dedicated quantum chip factory. Anderon will manufacture quantum chips for external clients, leveraging IBM’s IP, assets, and workforce, with plans to attract additional investors as it scales production. The investment spans R&D, manufacturing, partnerships, and acquisitions, reflecting IBM’s strategy to dominate quantum computing amid rising global competition, particularly with China. This move aligns with broader U.S. efforts to onshore critical tech and secure quantum supremacy, marking a pivotal shift in the industry’s race for practical quantum applications.

IBM Bets $10 Billion on Quantum Computing as Race for Next-Generation Technology Intensifies - Yahoo Finance

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IBM Bets $10 Billion on Quantum Computing as Race for Next-Generation Technology Intensifies Vardah Gill Sun, May 31, 2026 at 10:54 PM EDT 2 min read IBM +12.71% International Business Machines Corporation (NYSE:IBM) is included among the 15 Best Dividend Paying Stocks to Buy Right Now. IBM Bets $10 Billion on Quantum Computing as Race for Next-Generation Technology Intensifies On May 28, Reuters reported that International Business Machines Corporation (NYSE:IBM) plans to invest more than $10 billion in quantum computing over the next five years as it pursues an ambitious goal: building the first large-scale quantum computer by 2029 that can perform complex calculations reliably and without errors. The announcement follows a decision by the Trump administration last week to take $2 billion in equity stakes in nine quantum computing companies. As part of that effort, IBM is expected to receive half of the funding for a new venture called Anderon, which is being developed as the first dedicated quantum chip manufacturing facility in the United States. The initiative reflects the administration’s broader push to strengthen the country’s position in quantum technology and compete more effectively with China. It also highlights the growing attention quantum computing is attracting across the industry.IBM said the planned investment will cover research and development, capital spending, ecosystem partnerships, manufacturing expansion, and mergers and acquisitions. The company is contributing $1 billion to Anderon. The new venture plans to offer its chipmaking technology to external customers and has already begun discussions with potential clients. IBM has also committed intellectual property, assets, and employees to the venture. As Anderon grows, the company intends to bring in additional investors to support its expansion.

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IBM Bets $10 Billion on Quantum Computing as Race for Next-Generation Technology Intensifies - Yahoo Finance

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