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IBM's $10 Billion Quantum Bet: Aiming for Fault-Tolerant Machines by 2029

WebProNews·John Marshall·2 days ago
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IBM disclosed plans to pour more than $10 billion into quantum computing over the next five years. The commitment, revealed in an SEC filing, targets a specific prize. The company wants to deliver the first large-scale fault-tolerant quantum computer by 2029. That machine would run complex calculations reliably. Errors would stay under control. Such a system could open doors to breakthroughs in drug discovery, materials design and financial modeling. Yet the path remains strewn with obstacles. Qubits prove fragile. Error rates stay stubbornly high. The investment will cover research and development, capital expenditures, manufacturing scale-up, partnerships and acquisitions. Reuters first reported the details . IBM also pledged $1 billion in cash, plus intellectual property, assets and talent, to launch Anderon. This new venture aims to become America’s first dedicated quantum chip foundry. The timing aligns with fresh government support. The U.S.…

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