AdvertisementAdvertisementBusinessThe logo of IBM is seen during the Adopt AI International Summit at the Grand Palais in Paris, France, November 26, 2025. REUTERS/Abdul Saboor28 May 2026 06:58PM (Updated: 28 May 2026 07:17PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST May 28 : IBM will invest more than $10 billion over the next five years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday.The investment will go toward R&D, capital expenditures, scaling manufacturing capabilities and acquisitions, the company known for building the Watson supercomputer said.Last week, companies including IBM and GlobalFoundries announced the Trump administration will take stakes in quantum computing firms to secure leadership in the emerging technology.IBM has deployed more than 90 quantum computers to date. The technology has sparked investor interest because of its potential to speed up complex tasks such as cryptography and financial modeling.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST