IBM announced plans to invest $150 billion in America over the next five years to fuel the economy and to accelerate its role as the global leader in computing.
This includes an investment of more than $30 billion in research and development to advance and continue IBM's American manufacturing of mainframe and quantum computers.
"Technology doesn't just build the future—it defines it," said Arvind Krishna, IBM chairman, president and chief executive officer. "We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities."
IBM also operates the world's largest fleet of quantum computer systems, and will continue to design, build, and assemble quantum computers in America.
Quantum computing represents one of the biggest technological shifts and economic opportunities in decades and will solve problems that today's conventional computers cannot solve, according to IBM.
This announcement reaffirms IBM's unwavering commitment to the future of American innovation, igniting new economic opportunity in the United States and around the world, the company said.
For more information about this news, visit www.ibm.com.