IBM, GlobalFoundries, and the Trump administration announced plans to invest $10 billion in a fault-tolerant quantum computer by 2029.
3 reports, 3 independent
Updated Sep 11
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
IBM, GlobalFoundries, and the Trump administration announced plans to invest $10 billion in a fault-tolerant quantum computer by 2029.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Burry warns of dollar decline as IBM pushes fault-tolerant machine by 2029.1 source
IBM, GlobalFoundries, and the Trump administration announce a $10B investment in quantum computing.1 source
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The entities involved
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IBM
American multinational technology corporation
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GlobalFoundries
multinational semiconductor company
Related events
- IBM is actively developing fault-tolerant quantum computers.
- IBM committed over $10 billion to quantum initiatives and is developing the Superion 256 platform with a foundry partnership.
- IBM and Lockheed Martin are exploring a new quantum computing venture stemming from a defense deal.
- IBM and Google are leading research and development in quantum computing.
- IBM, Rigetti Computing, Quantinuum, and IONQ are competing in the high-stakes quantum computing sector.