① IBM plans to invest over USD 10 billion in quantum computing over the next five years, aiming to build the world’s first large-scale quantum computer by 2029;
② Following this announcement, IBM’s share price rose by 4%, and shares of other quantum computing-related companies also climbed.
U.S. technology giant IBM said on Thursday local time that it plans to invest more than $10 billion in quantum computing over the next five years, further intensifying its commitment to this cutting-edge technology sector, with the goal of building the world’s first large-scale quantum computer capable of stably and accurately performing complex computational tasks by 2029.
Buoyed by this news, U.S. stocks$IBM Corp (IBM.US)$rose 4% during trading, and shares of other quantum computing-related companies also climbed.
This announcement follows a quantum strategy unveiled last week by the Trump administration. The U.S. government announced at the time that it would inject USD 2 billion into nine quantum computing companies through equity investments. IBM is expected to receive half of these funds to support a new joint venture named Anderon, which will become the first U.S. facility dedicated exclusively to manufacturing quantum chips.
This move is part of the Trump administration’s broader strategy to maintain U.S. leadership in emerging technologies and compete globally, underscoring the growing strategic importance of the quantum computing industry.
In recent years, a series of breakthroughs in quantum computing technology have further fueled investor interest in its potential applications.
Meanwhile, governments and technology companies around the world are accelerating their race for dominance in quantum computing. The market widely believes that quantum computing could significantly enhance computational efficiency in areas such as drug discovery, financial modeling, and cryptography.
However, the technology still faces significant technical hurdles, most notably high error rates, which currently limit the practical commercial application of quantum computers. Last year, Alphabet CEO Sundar Pichai stated that a quantum computer with genuine practical utility may still be five to ten years away.
$IBM Corp (IBM.US)$stated that the USD 10 billion investment will span multiple areas, including R&D expenditures, capital spending, ecosystem partnerships, expansion of manufacturing capabilities, and merger and acquisition activities.
The company will also invest USD 1 billion in Anderon. In the future, Anderon will serve not only IBM but also external clients by providing its chip manufacturing technology. The company has already begun engaging with potential customers.
Additionally, IBM committed to injecting relevant intellectual property, assets, and employee teams into Anderon, and plans to bring in additional external investors as the new company grows.
IBM also stated that, as of now, the company has deployed more than 90 quantum computing systems—more than all other industry participants combined.
According to filings submitted by IBM to the U.S. Securities and Exchange Commission (SEC), over 325 Fortune 500 companies, startups, universities, and government agencies are currently using its quantum computing systems to address complex challenges in fields such as chemistry, biology, and materials science.
Editor/melody