Quantum computing will be useful in the next 4 years: IBM chief:
Krishna also said that IBM is working on building practical use cases for quantum computing ...
qz.com/quantum-computing-will-be-useful-in-the-next-4-years-i-1851769272
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Quantum computing will be useful in the next 4 years: IBM chief: Krishna also said that IBM is working on building practical use cases for quantum computing ...
qz.com/quantum-computing-will-be-useful-in-the-next-4-years-i-1851769272
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Key FactsIBM Announces $150 Billion Investment in the U.S.
Apr 28, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- IBM plans to invest $150 billion in the U.S. over the next five years.
- This investment includes over $30 billion for mainframe and quantum computing research.
- CEO Arvind Krishna emphasized the company's long-standing commitment to American jobs and manufacturing.
- The announcement aligns with a broader trend of companies expanding their U.S. manufacturing presence.
We have been focused on American jobs and manufacturing since our founding 114 years ago.— CEO Arvind Krishna on IBM's commitment to invest in American jobs and manufacturing.
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Key FactsIBM to Replace 7,800 Jobs With AI
Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- IBM will pause hiring soon and expects up to 30% of non-customer-facing roles to be replaced by automation in the next five years.
- Amid concerns about AI's impact on the workforce, IBM CEO Arvind Krishna confirms the company will replace up to 7,800 jobs with AI.
- Some roles could come from not replacing positions as employees leave.
- In January, IBM announced it would cut 3,800 jobs, or just under half of the 7,800 roles that will now be performed by AI, according to The New York Times.
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