Signal IBM Commits Over $10 Billion to Quantum Computing Over Five Years

Summary

IBM announced on 2 June 2026 that it will invest more than $10 billion in quantum computing over the next five years, spanning R&D, capital expenditure, manufacturing scaling, ecosystem partnerships and M&A. The investment is designed to accelerate IBM's roadmap toward delivering the world's first large-scale, fault-tolerant quantum computer in 2029. It builds on IBM's existing base of more than 90 deployed quantum systems globally and an ecosystem of over 325 Fortune 500 companies, startups, universities and government agencies, with its Qiskit software used by nearly 70% of quantum developers and having executed over 4 trillion quantum circuits. The plan includes a $1 billion cash contribution to Anderon, described as the world's first pure-play quantum wafer foundry, supported by the US Department of Commerce alongside a proposed $1 billion CHIPS incentive. CEO Arvind Krishna said “the quantum era is no longer ahead of us, it has started,” citing recent applications such as modeling a 12,635-atom protein with the Cleveland Clinic and RIKEN.