IBM to spend $10bn on quantum over five years

May 29, 2026 - 09:54
Updated: 1 month ago
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IBM announces a ten billion dollar quantum computing investment and the new Anderon chip foundry agreement.

The investment decision follows last week’s agreement between IBM and the US Department of Commerce to build an American quantum chip foundry named Anderon.

Read more: IBM to spend $10bn on quantum over five years

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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