IBM Investment Announcement
IBM has announced a $150 billion investment in the United States over the next five years, with over $30 billion dedicated to research and development in mainframes and quantum computing. This move follows similar commitments from other tech giants like Apple and Nvidia, each pledging around $500 billion, amid the backdrop of President Trump’s administration and its cost-cutting measures. CEO Arvind Krishna emphasized IBM’s longstanding focus on American jobs and manufacturing, as the company continues to produce mainframe systems in New York and plans domestic quantum computer development.
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