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IBM doubles down on quantum computing with -billion bet

IBM doubles down on quantum computing with $10-billion bet

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A quantum computer built by IBM IBM will invest more than US$10-billion in coming years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday. The investment will go towards R&D, capital expenditure, scaling manufacturing capabilities and acquisitions, the company known for building the Watson…

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Meta said to sign -billion cloud deal with Google

Meta said to sign $10-billion cloud deal with Google

eriinfo.com03 mins

Carlos Jasso/Reuters Google has struck a six-year cloud computing deal with Meta Platforms worth more than US$10-billion, a source familiar with the matter said on Thursday. It would be the search giant’s second big agreement recently after one with OpenAI. Under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the…

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