IBM has unveiled plans to invest $150 billion in the U.S. over the next five years to enhance its leadership in advanced computing and AI technologies. A significant portion of this investment, over $30 billion, will be dedicated to research and development, focusing on the manufacturing of mainframe and quantum computers within the United States. IBM Chairman, President, and CEO Arvind Krishna emphasized that this commitment ensures IBM remains at the forefront of global technological advancements. IBM’s mainframes, manufactured in Poughkeepsie, New York, process over 70% of the world’s transactions by value. Additionally, IBM operates the world’s largest fleet of quantum computers, which are designed, built, and assembled in America. This investment aims to drive American competitiveness, create jobs, and bolster national security through cutting-edge technology solutions.
— new from IBM Newsroom
