IBM is transitioning its quantum computing research into a commercial business by launching a $2 billion silicon wafer foundry subsidiary called Anderon to support future industry-wide hardware development.
Key Points
- IBM is establishing Anderon, an independent subsidiary focused on manufacturing silicon wafers for quantum-computing processors.
- The new venture is funded by a $1 billion investment from the Trump administration and $1 billion from IBM.
- IBM plans to invest an additional $9 billion over five years to achieve fault-tolerant quantum computing.
- The company aims to launch its Starling quantum computer by 2029, with further advancements planned for 2033.
- Boston Consulting Group projects the quantum computing market could reach a valuation between $90 billion and $170 billion by 2040.