IBM announced a significant investment of $150 billion in the US over the next five years that emphasizes research and development, particularly focusing on mainframes and quantum computers. This commitment aligns with a broader trend of major companies pledging to increase their American manufacturing presence following key political developments. IBM's CEO, Arvind Krishna, introduced this initiative as part of the company's long-standing focus on American job creation and its mission to lead in computing and AI technologies.
We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities, Chief Executive Officer Arvind Krishna said in the statement.
IBM’s planned investment includes more than $30 billion for research and development of IBM’s mainframes and quantum computers, the company said in a statement on Monday.
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