Tuesday, June 2, 2026
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    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

  • National
    • All
    • Economy & Politics
    • Election

    ‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

    Allen Bengaluru’s Aryan Raghupathy Becomes Karnataka State Topper with AIR 12 in JEE Advanced 2026.

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

  • Business

    Citi to Host Flagship India Conference in Mumbai.

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

  • Technology
    • All
    • Environment
    • Science

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

  • Auto

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

  • Sports

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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  • Home
  • World
    Photo courtesy of Unispace

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

  • National
    • All
    • Economy & Politics
    • Election

    ‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

    Allen Bengaluru’s Aryan Raghupathy Becomes Karnataka State Topper with AIR 12 in JEE Advanced 2026.

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

  • Business

    Citi to Host Flagship India Conference in Mumbai.

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

  • Technology
    • All
    • Environment
    • Science

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

  • Auto

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

  • Sports

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

  • Entertainment

    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

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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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.

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

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‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

June 2, 2026

Allen Bengaluru’s Aryan Raghupathy Becomes Karnataka State Topper with AIR 12 in JEE Advanced 2026.

June 1, 2026

Citi to Host Flagship India Conference in Mumbai.

May 31, 2026

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‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

June 2, 2026

Allen Bengaluru’s Aryan Raghupathy Becomes Karnataka State Topper with AIR 12 in JEE Advanced 2026.

June 1, 2026

Citi to Host Flagship India Conference in Mumbai.

May 31, 2026

Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

May 31, 2026
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