Business

IBM Announces Groundbreaking $150 Billion Investment in US Tech Innovation Over Next Five Years

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, marking a significant commitment to the country's technological future.

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 underscores the company's dedication to fostering technological innovations that promise to open new economic opportunities both domestically and globally.

CEO's Vision for the Future

"Technology doesn't just build the future — it defines it," stated Arvind Krishna, CEO of IBM. "Since our inception 114 years ago, we've been committed to American jobs and manufacturing. This investment ensures IBM remains at the forefront of the world's most advanced computing and AI capabilities."