Business

IBM Announces Groundbreaking $150 Billion Investment in US Tech and Manufacturing

IBM's Major US Investment Plan

International Business Machines Corporation (IBM) revealed on Monday an ambitious plan to invest $150 billion in the United States over the next five years. This significant investment underscores IBM's commitment to fostering technological innovation and economic growth within the country.

Focus on Research and Development

With over $30 billion allocated for research and development, IBM aims to enhance the US production of mainframe and quantum computers. This initiative is poised to not only revolutionize the tech industry in the US but also set a global benchmark for technological advancements.

CEO's Vision for the Future

"Technology doesn't just build the future — it defines it. Since our inception 114 years ago, we've been dedicated to American jobs and manufacturing. This investment reaffirms our commitment to maintaining IBM's position at the forefront of computing and AI innovations," stated Arvind Krishna, CEO of IBM.