IBM Announces $10 Billion Quantum Computing Investment and $5 Billion AI-Linked Open Source Software Initiative

IBM announced a $10 billion investment in quantum computing over the next five years, along with a $5 billion commitment to an artificial intelligence-linked open-source software project. The announcement led to a premarket share increase of 1.5% for IBM.

By Chris Ciaccia, SA News Editor · Seeking Alpha ·

IBM Announces $10 Billion Quantum Computing Investment and $5 Billion AI-Linked Open Source Software Initiative

Tickers: $IBM

Topics: artificial intelligence corporate investment quantum computing

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