IBM Commits $10 Billion to Quantum Computing as It Targets Fault-Tolerant System by 2029
Updated
Updated · IBM Newsroom · Jun 2
IBM Commits $10 Billion to Quantum Computing as It Targets Fault-Tolerant System by 2029
3 articles · Updated · IBM Newsroom · Jun 2
$10 billion over five years will fund IBM’s next quantum push across R&D, manufacturing scale-up, partnerships and M&A, with the company aiming to deliver a large-scale fault-tolerant machine in 2029.
IBM said the spending extends a lead built on more than 90 deployed quantum systems worldwide, a network of over 340 organizations running workloads, and $1.1 billion in quantum contracts signed since 2017.
The roadmap centers on IBM Quantum Starling, which the company says will execute 20,000 times more operations than current systems, before a later Blue Jay system targeting 1 billion operations across 2,000 qubits.
IBM also tied the plan to a broader U.S. quantum buildout, including a recently announced Anderon wafer foundry backed by $1 billion in cash and a goal for partners to demonstrate quantum advantage in 2026.