According to CoinDesk, IBM CEO Arvind Krishna stated that quantum computing is expected to generate revenue and profits for IBM by 2028 or 2029, and unlock approximately $1 trillion in value by the end of the 2030s. IBM, along with companies such as Alphabet, IonQ, and Rigetti Computing, is accelerating the development of quantum hardware and software to solve problems beyond the reach of classical computers in areas such as materials simulation, supply chain optimization, and the discovery of new materials and drugs. IBM has already used quantum computing to explore the properties of new materials and is collaborating with the U.S. Department of Commerce’s CHIPS Program to build an independent quantum chip foundry, with a total investment of approximately $2 billion.
IBM CEO Predicts Quantum Computing Revenue by 2028–2029, Long-Term Value to Reach Trillions
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Summary
IBM CEO Arvind Krishna said quantum computing could generate revenue and profit by 2028–2029, unlocking $1 trillion in value by the late 2030s. IBM is advancing quantum hardware and software in partnership with companies like Alphabet and IonQ, focusing on material science, supply chains, and drug discovery. The company is collaborating with the U.S. CHIPS program to build a quantum chip foundry, with a $2 billion investment. On-chain news reflects growing interest in new token listings linked to advancements in quantum technology.
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