Tuesday, June 23, 2026
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    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

    Uber, Nuro, and Lucid to Bring Robotaxi Service to Houston in 2027.

    PHOTO CREDIT-AIR INDIA

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    The Piaggio Group and Rome celebrate the Vespa’s 80th anniversary.

    Bharat Innovates 2026 begins in Nice, forging new India–Europe deep-tech partnerships.

  • National
    • All
    • Economy & Politics
    • Election

    CCPA Imposes ₹1 Lakh Penalty Each on Storia Foods and Mrs. Bectors for Misleading “100%” Claims.

    Pradhan Mantri Viksit Bharat Rojgar Yojana event held at 24 venues across Karnataka.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    India Startup Week 2026 Kicks Off in Bengaluru; Two-Day Festival to Connect 250+ Founders with HNI, Series A & B Investors.

    Amity University Bengaluru and L&T Technology Services sign a strategic MoU to establish E-mobility Centre of Excellence

    National-level News Photography Competition and Exhibition by Media Academy.

  • Business

    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

    India Startup Week 2026 Kicks Off in Bengaluru; Two-Day Festival to Connect 250+ Founders with HNI, Series A & B Investors.

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    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

  • Technology
    • All
    • Environment
    • Science

    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    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.

  • Auto

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

    GAS Milano Unites the Superbike Fraternity with the Launch of its New Motorsport Inspired Collection.

    The Maruti Swift is India’s Favorite Used Car, and No Other Model Comes Close

    Uber, Nuro, and Lucid to Bring Robotaxi Service to Houston in 2027.

  • Sports

    “The mindset has changed for everyone” – Karun Nair on IPL influence shaping T20 approach across competitions.

    Sreenidhi University TG20 kicks off in Hyderabad as Thaman, Vijay Deverakonda set stage on fire in Opening Ceremony

    Mumbai Dreamers edge out hosts Hyderabad Heroes to continue their unbeaten run at HSBC Rugby Premier League powered by Avid Season 2.

    Bengaluru Blasters beat Shivamogga Yodhas by 16 runs for second straight win.

  • 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

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic 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.

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  • Home
  • World

    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

    Uber, Nuro, and Lucid to Bring Robotaxi Service to Houston in 2027.

    PHOTO CREDIT-AIR INDIA

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    The Piaggio Group and Rome celebrate the Vespa’s 80th anniversary.

    Bharat Innovates 2026 begins in Nice, forging new India–Europe deep-tech partnerships.

  • National
    • All
    • Economy & Politics
    • Election

    CCPA Imposes ₹1 Lakh Penalty Each on Storia Foods and Mrs. Bectors for Misleading “100%” Claims.

    Pradhan Mantri Viksit Bharat Rojgar Yojana event held at 24 venues across Karnataka.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    India Startup Week 2026 Kicks Off in Bengaluru; Two-Day Festival to Connect 250+ Founders with HNI, Series A & B Investors.

    Amity University Bengaluru and L&T Technology Services sign a strategic MoU to establish E-mobility Centre of Excellence

    National-level News Photography Competition and Exhibition by Media Academy.

  • Business

    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

    India Startup Week 2026 Kicks Off in Bengaluru; Two-Day Festival to Connect 250+ Founders with HNI, Series A & B Investors.

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    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

  • Technology
    • All
    • Environment
    • Science

    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    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.

  • Auto

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

    GAS Milano Unites the Superbike Fraternity with the Launch of its New Motorsport Inspired Collection.

    The Maruti Swift is India’s Favorite Used Car, and No Other Model Comes Close

    Uber, Nuro, and Lucid to Bring Robotaxi Service to Houston in 2027.

  • Sports

    “The mindset has changed for everyone” – Karun Nair on IPL influence shaping T20 approach across competitions.

    Sreenidhi University TG20 kicks off in Hyderabad as Thaman, Vijay Deverakonda set stage on fire in Opening Ceremony

    Mumbai Dreamers edge out hosts Hyderabad Heroes to continue their unbeaten run at HSBC Rugby Premier League powered by Avid Season 2.

    Bengaluru Blasters beat Shivamogga Yodhas by 16 runs for second straight win.

  • 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

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic 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.

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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

ADVERTISEMENT

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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