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International Business Machines (IBM) is a global leader in technology and consulting and is now boldly advancing quantum computing solutions. The company has announced its commitment to develop the world’s first large-scale, fault-tolerant quantum computer, Quantum Starling, which is set to be released by 2029.
Amidst this news, IBM’s shares rose for nine straight sessions, with several days seeing gains over 1%, pushing the stock to new all-time highs. This surge ties into wider growth in the quantum industry, with investment in quantum computing companies hitting $1.25 billion in the first quarter of 2025 alone, more than double the amount from the same period last year.