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Arvind Krishna stories

Jul 31, 2026

IBM CEO says quantum computing will contribute to revenue by 2028

IBM CEO Arvind Krishna stated the company expects quantum computing to measurably affect revenue and profit by 2028 or 2029, projecting $1 trillion in value from the technology by the end of the 2030s.

Jul 31, 2026·2 sources
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Top claims

  • ▪The foundry is supported by a $1 billion investment from IBM and a matching $1 billion from the U.S. Department of Commerce's CHIPS program.
  • ▪Potential applications for quantum computing include molecular simulations, logistics optimization, materials science, and cryptography.
  • ▪Publicly traded bitcoin miners like MARA Holdings, Riot Platforms, and CleanSpark have diversified into AI and high-performance computing.

Topics

Quantum computingCorporate strategy

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