IBM Plans Over $10 Billion Quantum Computing Investment by 2031

International Business Machines Corp. (IBM) on June 2, 2026, announced a commitment to invest more than $10 billion in quantum computing over the next five years, accelerating its push to commercialize the nascent technology. The spending plan, running through 2031, underscores the company’s bet that quantum systems will become a significant enterprise revenue driver. The investment will fund hardware and software development, including next-generation quantum processors and the expansion of its cloud-based quantum network. IBM aims to achieve a 100,000-qubit system by 2033, surpassing its earlier roadmap. The Armonk, New York-based firm said the capital outlay will also support research partnerships and workforce training. The announcement comes as tech giants race to achieve quantum advantage—the point where quantum computers outperform classical ones in practical tasks. IBM's shares were modestly higher in early trading following the news.