IBM Announces $150 Billion US Investment to Boost Quantum Computing and Manufacturing

IBM said it operates ’the world’s largest' fleet of quantum computer systems and will continue to design, build, and assemble quantum computers in America.

The IBM logo is seen at a trade show in in Las Vegas, Nevada on Jan. 8, 2019. Justin Sullivan/Getty Images

IBM announced plans on Monday to invest $150 billion in the United States over the next five years to expand its role as a global leader in computing.

The company said in a statement that the investment will include more than $30 billion for research and development to advance and continue IBM’s American manufacturing of mainframe and quantum computers.