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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

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    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

    Blackstone Energy Transition Partners Announces Agreement to Acquire DarkVision from Koch Engineered Solutions.

  • National
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    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

  • Business

    IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

    Shell agrees to sell BG Cyprus Limited.

  • Health

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

  • Technology
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    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    CREDIT-SONY

    Sony Creator Essentials Worth Considering This Summer.

    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

  • Auto

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    PHOTO CREDIT-AUDI AG

    Audi Group maintains stable operating profit in the first half of 2026 despite challenging markets.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

  • Sports

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    Borrowed Cue to National Heyball Silver: The Remarkable Story of 13 Year Old Md Mustafa

    Srishti, Padmapriya in semifinals of Tennis Europe Super Category.

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
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    • Food
    • Travel

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

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IBM Commits More Than $10 Billion to Quantum Computing, Funding Its Roadmap from Today’s Leading Systems to the World’s First Fault-Tolerant Quantum Computers.

FWM by FWM
June 2, 2026
in Business, World
0
Five-year investment spans research and development, manufacturing, M&A and ecosystem expansion as IBM extends its global lead in quantum computing and advances U.S. leadership
Jun 2, 2026

ARMONK, N.Y., June 2, 2026 — IBM (NYSE: IBM) has announced plans to invest more than $10 billion in quantum computing over the next five years. The investment will span research and development, capital expenditure, manufacturing scaling, ecosystem partnerships, and M&A. Together, these areas are designed to accelerate IBM’s quantum roadmap beyond delivering the world’s first large-scale, fault-tolerant quantum computer in 2029, and advance quantum leadership anchored in the United States.

It builds on the broadest quantum foundation in the industry, including the largest fleet of quantum computers across the globe, the most widely used quantum software, and a client and partner network of more than 340 organizations running real workloads today. This investment funds the next stage of that foundation, carrying IBM’s lead from today’s commercial quantum computers towards fault-tolerant scale systems.

“The quantum era is no longer ahead of us, it has started. Our clients, partners and users around the world are tapping into IBM quantum computers to do work that was impossible a few years ago,” said Arvind Krishna, Chairman & CEO, IBM. “The pace of discovery with quantum computers is accelerating rapidly and this investment powers our ability to deliver the next generation of quantum hardware, software, and manufacturing.”

IBM’s quantum leadership today

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This investment reinforces IBM’s mission to bring useful quantum computing to the world and builds on the most advanced quantum program in the industry:

  • Expansive Global Quantum Fleet: IBM operates the world’s largest and most powerful fleet of quantum computers. As of today, the company has deployed over 90 quantum systems across the globe via the cloud and dedicated on-site deployments – including more quantum computers than the rest of the industry combined. This fleet includes quantum computers operating at IBM quantum centers in New York and Germany; at the Cleveland Clinic in Ohio, Rensselaer Polytechnic Institute in New York, PINQ in Quebec, The University of Tokyo and RIKEN in Japan, Yonsei University in South Korea, and BasQ in Spain, with additional systems coming soon in Chicago, and at Amaravati Quantum Valley in India.
  • Roadmap to the World’s First Large-Scale, Fault-Tolerant Quantum Computer: IBM has a clear path to delivering IBM Quantum Starling in 2029 – the world’s first large-scale, fault-tolerant quantum computer which will be capable of executing 20,000 times more operations than today’s existing systems. Starling will lay the foundation for IBM Quantum Blue Jay, which will run one billion quantum operations across 2,000 qubits. These systems will deliver the transformative scale needed for quantum to take on the most challenging and currently intractable problems across science and industries.
  • Expanding Adoption: Since 2017, IBM’s quantum program has signed more than $1.1 billion in contracts with clients to advance their exploration and use of quantum computing. Today, a network of more than 340 IBM Quantum Network members spanning financial services, healthcare, materials science, academia and government are using IBM quantum computers to pursue real-world algorithmic discovery.
  • America’s First Quantum Foundry: With the support of the United States Department of Commerce, IBM recently announced plans to launch Anderon, the world’s first pure-play quantum wafer foundry. IBM will contribute $1 billion of cash into Anderon, alongside significant intellectual property, assets, and a skilled workforce.
  • Path to Quantum Advantage: IBM is confident that its partners using IBM quantum computers will demonstrate quantum advantage in 2026. The company is seeing accelerated progress on this path as evidenced by recent experiments that confirm quantum as a useful scientific tool, including work with the Cleveland Clinic and RIKEN to model a 12,635-atom protein; a collaboration with national laboratories and universities to accurately simulate magnetic materials; and research with universities to prove the nature of a never-before-seen molecule.
  • The World’s Most Popular Quantum Software: Developed by IBM, Qiskit is the world’s preferred software stack for quantum computing and algorithms research, built to optimize and execute quantum workloads and used by nearly 70 percent of quantum developers today and have executed over 4 trillion quantum circuits on quantum computers.
FWM

FWM

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