SMRTR Science & EngineeringJun 3, 2026Quartz

IBM is pledging more than $10 billion to build fault-tolerant quantum computers by 2029

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IBM is pledging over $10 billion to build fault-tolerant quantum computers by 2029, with its "Starling" system capable of running 20,000 times more operations than today's machines. Backed by $1 billion in government funding, IBM is also building America's first dedicated quantum chip foundry in Albany, New York.

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