Get the latest tech news
IBM pledges to spend $150B in the US over the next few years
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, including around $30 million in R&D.
The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. “We have been focused on American jobs and manufacturing since our founding 114 years ago,” CEO Arvind Krishna said in a statement, “and with this investment and manufacturing commitment, we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities.” As Bloomberg notes, companies ranging from Apple to Nvidia have announced plans to spend billions of dollars boosting their U.S. manufacturing presence since President Donald Trump’s election.
Or read this on TechCrunch