IBM is Getting Ready to Scale Quantum Computing
1 74IBM spent a decade "building, testing and improving" quantum computing, reports the Wall Street Journal.
"This year, the company is laying the groundwork to turn that technology into a fully-fledged, scalable business from an expensive science project." IBM said last month it plans to form a new independent subsidiary called Anderon, a foundry to produce the silicon wafers needed to make quantum-computing processors. The venture is seeded by a $1 billion investment from the Trump administration and another $1 billion of IBM's own cash. Anderon will give the company a new line of business in selling wafers to other quantum-computing companies. It will also provide a steady stream of wafers to continue developing its own quantum technology, positioning IBM to capture part of what the Boston Consulting Group projects will be a $90 billion to $170 billion market for quantum-computing providers by 2040...
The company also plans to spend an additional $9 billion over five years to advance the final stages of its quest to build a quantum-mechanics-powered computer capable and reliable enough for widespread use, a goal known as fault tolerance. That computer, named Starling, is being targeted for 2029. With Anderon, IBM is thinking beyond Starling, or even a more powerful quantum computer planned for 2033.
1 comments
Actually, this indicates quite the opposite (Score: 5, Interesting)
by 93 Escort Wagon ( 326346 ) on Sunday June 28, 2026 @03:09AM (#66213758)
Companies don't spin off business lines into independent subsidiaries when they foresee lots of profits in the future... this is what they do when they're trying to cut their losses.
In other words - IBM is basically cutting their losses with regards to quantum computing. They may technically keep the unit alive, but they're gonna tighten expenditures significantly.