IBM plans to invest $10 billion to build a large-scale quantum computer by 2029

Odaily Planet Daily News: Tech giant IBM has announced plans to invest over $10 billion in the field of quantum computing over the next five years, further intensifying its focus on this cutting-edge technology track, with the goal of building the world's first large-scale quantum computer capable of stably and accurately executing complex computing tasks by 2029.

IBM stated that the $10 billion investment will cover multiple areas, including R&D expenditure, capital expenditure, ecosystem cooperation, manufacturing capacity expansion, and mergers and acquisitions. The company will also invest $1 billion in Anderon. In the future, Anderon will not only serve IBM itself but also provide its chip manufacturing technology to external customers. Currently, the company has begun engaging with potential customers. (Reuters)