Quantum Computing Nears Commercial Breakthrough, IBM CEO Says
Arvind Krishna said IBM expects quantum computing to affect revenue by 2028 or 2029 after research showed quantum advantage over classical computers.
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IBM CEO expects quantum computing to have measurable earnings impact by 2028-29
IBM CEO Arvind Krishna said Thursday that investors will not have to wait much longer for quantum computing to become a meaningful business for the company. “I think that in 2028 or 2029, you’ll see it have a measurable impact on our top line and bottom line,” Krishna said on CNBC’s Mad Money. “By the end of the 2030s, we are now pretty convinced this is a trillion dollars of value.” Krishna’s comments came as IBM and startup AlgorithmQ unveiled…
IBM CEO says quantum computing will have a 'measurable impact' on earnings by 2028 or 2029
IBM CEO Arvind Krishna said the company's investments in quantum computing should begin to have "a measurable impact" on revenue and earnings by 2028 or 2029.
IBM Expects Quantum Computing to Start Boosting Earnings by 2028, CEO Says
TL;DR IBM CEO Arvind Krishna expects quantum computing to measurably affect revenue and earnings by 2028 or 2029, with $1 trillion projected. Google research cut the qubits needed to break elliptic curve cryptography roughly 20-fold, while 6.8 million BTC remain exposed through revealed public keys. Bitcoin lacks an agreed migration path, although Galaxy, Coinbase and the Bitcoin Security Consortium have committed grants, advisory work and $15 …
IBM CEO Arvind Krishna stated on CNBC that investments in quantum computing will begin to noticeably impact the company's revenue and profit in 2028 or 2029. The top executive also estimated the technology's potential impact by the late 2030s at $1 trillion in value creation. On June 30, IBM jointly...
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