Wednesday, May 21, 2025

Creating liberating content

England fast bowler Jofra Archer has been ruled out of

Related News

NEW DELHI: TMC leader Kunal Ghosh on Wednesday accused the BJP of playing “dirty and provocative politics” over the Murshidabad violence that erupted in April. Ghosh contrasted this with the

Have you ever been looking for something and realized it was right in front of you the entire time? That’s the attention system working in your brain. That psychological phenomenon

Looks like the UK royal family drama isn’t dying down anytime soon! Despite King Charles III battling cancer, there’s still no sign of peace between him and his youngest son,

England fast bowler Jofra Archer has been ruled out of the upcoming three match One-Day International series against West Indies starting May 29 at Edgbaston due to a right thumb

NEW DELHI: India on Wednesday firmly rejected Pakistan’s allegations of involvement in the deadly suicide bombing targeting a school bus in Balochistan’s Khuzdar district, calling them “baseless” and part of

An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as

Trending News

Inflation in the UK surged to its highest level since January 2024 in April, driven by sharp increases in domestic bills such as energy and water, official data revealed on

Morgan Stanley, a global financial services firm, on Wednesday modestly upgraded its forecast for the Indian economy to 6.2 per cent year-on-year for financial year 2026, up from 6.1 per

Banks are soon expected to be assigned their own unique national calling number. This number will also have the facility to receive incoming calls to help customers verify and confirm

Communications minister Jyotiraditya Scindia announced that India is set to witness the world’s fastest rollout of satellite-based communication services, as the government is in process of advancing its satcom policy.Speaking

Pakistan plans to secure external commercial financing totalling $4.9 billion for the fiscal year 2025-26. (AI image) Pakistan’s GDP growth has missed the government’s growth target for FY 2024-25, recording

Mumbai: Stock market benchmark indices Sensex and Nifty rebounded sharply in morning trade on Wednesday after heavy drubbing in the previous session amid buying in blue-chip bank stocks and a

IBM to invest $150 billion to boost U.S. tech growth computer manufacturing

Word Count: 247 | Estimated Reading Time: 2 minutes


Arvind Krishna, chief executive officer of International Business Machines Corp. (IBM), during a Bloomberg Television interview at the World Governments Summit in Dubai, United Arab Emirates, on Tuesday, Feb. 11, 2025.

Christopher Pike | Bloomberg | Getty Images

International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers.

“We have been focused on American jobs and manufacturing since our founding 114 years ago, 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,” IBM CEO Arvind Krishna said in a release.   

The company’s announcement comes weeks after President Donald Trump unveiled a far-reaching and aggressive “reciprocal” tariff policy in an effort to boost manufacturing in the U.S. As of late April, Trump has exempted chips, as well as smartphones, computers, and other tech devices and components, from the tariffs.

IBM said its investment will help accelerate America’s role as a global leader in computing and fuel its economy.

IBM competitor Nvidia, the chipmaker that has been the primary benefactor of the artificial intelligence boom, announced a similar push earlier this month to produce its NVIDIA AI supercomputers entirely in the U.S. Nvidia plans to  $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.

This is breaking news. Please refresh for updates.



Source link

Sign In

Welcome ! Log into Your Account