IBM's recent quantum computing research shows quantum systems can outperform classical computers on specific problems, marking a technical milestone. However, CFOs should prioritize the economic impact, including costs of runtime, integration, and talent, rather than just technical benchmarks. Quantum computing will likely be accessed via cloud services rather than on-premises hardware, resembling current cloud spending models. Meanwhile, the immediate financial concern for CFOs is the cost of migrating to quantum-resistant cryptography to protect against future cyber threats, which may impact budgets before quantum technology generates direct revenue.
IBM's CEO Arvind Krishna revealed disappointing Q2 2026 results, with revenue growth far below expectations and a 7% decline in Infrastructure revenue. The shortfall was mainly due to problems with IBM Z mainframe performance and failed large deals, ...
NASA and IBM have launched the open-source NASA-IBM Lunar Foundation Model, an AI tool trained on extensive lunar data to enhance the study of the Moon's surface. This model improves identification of key features like ice deposits, craters, and volc...
IBM and Lockheed Martin have established a quantum innovation hub at ETH Zurich, hosting Switzerland's first IBM Quantum System Two at the Swiss National Supercomputing Centre. This initiative aims to boost Switzerland's quantum ecosystem by providin...
The US Commerce Department allocated $2.013 billion in federal incentives to boost domestic quantum manufacturing, mainly benefiting five key companies: GlobalFoundries, IBM, Rigetti Computing, D-Wave Quantum, and Quantinuum. GlobalFoundries and IBM ...
A research team from Cleveland Clinic, RIKEN, and IBM has simulated the largest biologically meaningful molecule ever modeled with quantum computers, a protein containing 12,635 atoms. This breakthrough was achieved by combining quantum and classical...
