Manufacturing ISM Misses As Prices Surge Most Since April 2022, Employment Slides To Worst Print Of 2026

IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...

Burnham Blows Up Britain's Tech Ministry, Mails The Bureaucrats To The Culture Department, And Keeps AI For Himself While Westminster was still digesting the BritCard cancellation, Andy Burnham also abolished the department that was supposed to build it. Jeff J Mitchell / Getty Images The Department for Science, Innovation and Technology is gone, its functions split three ways across Whitehall, and AI policy has landed in the prime minister's own office. Ten days on, the civil servants who build and run the government's digital services are still working out which building they...

Like so many intellectuals, Hilary Putnam is a good philosopher but a poor judge of good economics. In this week’s Friday Philosophy, Dr. David Gordon dissects Putnam’s confusion between facts and values.