IBM Invests $10 billion and Aims to Build a Large-Scale Quantum Computer by 2029

IBM accelerates the development of faultless quantum computers by founding the first dedicated US chip factory "Anderon" and benefits from state subsidies of $1 billion in the race for global technology leadership. For this strategic endeavor, the company plans to invest more than $10 billion in research, development, and acquisitions by 2029. With an estimated economic potential of over a trillion dollars, the company positions itself early on as a dominant player in a new era.   $10 billion for the first large-scale quantum...