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IBM Announces Five-Year, $10BN Quantum Investment
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...
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International Olympic Committee Lifts Suspension, Russians To Compete At LA Games
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In another sign of war fatigue in the West, and perhaps amid greater realization that 'punishing' the Russian people is having no real effect on the course of the Ukraine war, the International Olympic Committee (IOC) has finally eased restrictions on Russian athletes ahead of the 2028 Games in Los Angeles.
"The International Olympic Committee (IOC) Executive Board (EB) has provisionally lifted the suspension of the Russian Olympic Committee (ROC) that had been in effect since 12 October 2023," the Olympic...
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