Tech major IBM plans to invest $150 billion in US over next five years

IBM said on Monday it plans to invest $150 billion in the US over the next five years.

This includes an investment of more than $30 billion in research and development to further the company’s American manufacturing of quantum computers, it said.

The company operates one of the world’s largest fleet of quantum computing systems and will continue to design, build and assemble quantum computers in the US.