IBM announced plans on Monday to invest $150 billion in the United States over the next five years to expand its role as a global leader in computing.
The company said in a statement that the investment will include more than $30 billion for research and development to advance and continue IBM’s American manufacturing of mainframe and quantum computers.
“Technology doesn’t just build the future—it defines it,” said Arvind Krishna, IBM chairman, president, and chief executive officer. “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment, we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities.”…