Space News from SpaceDaily.com
IBM to invest $150 bn in US over five years
New York, April 28 (AFP) Apr 28, 2025
Technology giant IBM announced plans on Monday to invest $150 billion in the United States over five years, including $30 billion earmarked for research and development to bolster manufacturing of mainframe and quantum computers.

"Technology doesn't just build the future - it defines it," said IBM chairman and CEO Arvind Krishna in a statement.

The investment, which comes as President Donald Trump puts pressure on companies to invest in the United States, aims to cement IBM's position as "the epicenter of the world's most advanced computing and AI capabilities," Krishna added.

Corporate giants, including Apple, Nvidia and Hyundai, have announced major spending plans in the United States since Trump returned to the White House in January, though some of that investment was already in the pipeline.

Trump earlier this month unveiled an unprecedented wave of tariff hikes in his effort to push US companies to shift manufacturing home.

He has since put most of the tariffs on hold, as worries grow about their severe impact on the US economy, though massive levies remain on China.

IBM stressed in its statement its "unwavering commitment to the future of American innovation, igniting new economic opportunity in the United States and around the world."

The 114-year-old company - which has trailed the dominant players Microsoft, Amazon and Google in recent years - emphasized that it operates the world's largest fleet of quantum computing systems, which is seen as technology's next frontier.


ADVERTISEMENT




Space News from SpaceDaily.com
Trump shifts priority to Moon mission, not Mars
The Quantum Age will be Powered by Fusion
BlackSky accelerates Gen-3 satellite into full commercial service in three weeks

24/7 Energy News Coverage
Conventional photon entanglement reveals thousands of hidden topologies in high dimensions
Philosopher argues AI consciousness may remain unknowable
Introducing the SEVEN Class A Thermopile Pyranometer

Military Space News, Nuclear Weapons, Missile Defense
SDA expands Tracking Layer satellite awards and related missile defense contracts
Rheinmetall ICEYE Space Solutions to provide SAR reconnaissance data to German military
RTX radar selected to support autonomous X 62A fighter testing

24/7 News Coverage
Bible 1.0: How Ancient Canon Became Our First Large Language Models
Can scientists detect life without knowing what it looks like
Deep ocean quakes linked to Antarctic phytoplankton surges


All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.