IBM to invest $10 billion in race to build first large-scale quantum computer

IBM to invest  billion in race to build first large-scale quantum computer

By Calcalist
Publication Date: 2026-05-29 20:50:00

IBM plans to invest more than $10 billion in quantum computing over the next five years as part of its effort to build the first large-scale quantum computer by 2029, Reuters reported.

The company said the computer would be capable of running complex calculations reliably and without errors, a key hurdle in turning quantum computing from a promising technology into a practical tool.

The announcement comes after the U.S. government said last week it would buy stakes worth a total of $2 billion in nine quantum computing companies. IBM is expected to receive about half of that funding to support a new venture called Anderon, which will build the first dedicated U.S. facility for manufacturing quantum computing chips.

The move is part of Washington’s broader effort to secure American leadership in the technology race against China and highlights the growing strategic importance of quantum computing.

Recent technological breakthroughs have drawn investor attention to quantum computing’s…