Business

IBM Announces Massive $150 Billion Investment in US to Revolutionize Tech and AI Future

IBM's Bold $150 Billion US Investment Plan

International Business Machines Corporation (IBM) unveiled an ambitious plan on Monday to inject $150 billion into the United States economy over the next five years. This strategic move underscores IBM's commitment to fostering technological innovation and economic growth both domestically and globally.

Focus on Research, Development, and Manufacturing

With over $30 billion earmarked for research and development, IBM aims to enhance the US production capabilities of mainframe and quantum computers. This initiative is poised to solidify the US's position as a leader in cutting-edge technology and artificial intelligence (AI).

CEO Arvind Krishna's Vision

"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 dedicated to American jobs and manufacturing. This investment reaffirms our commitment to ensuring IBM remains at the forefront of the world's most advanced computing and AI capabilities."