POUGHKEEPSIE, N.Y., Oct. 6, 2022 /PRNewswire/ — Today U.S. President Joseph R. Biden, Jr. and IBM (NYSE: IBM) Chairman and CEO Arvind Krishna will tour IBM’s Poughkeepsie, New York website to see firsthand the place the way forward for computing is being innovated, designed and manufactured. During the go to, IBM will announce a plan to make investments $20 billion throughout the Hudson Valley area over the subsequent 10 years. The aim of the investments, which can be strengthened by shut collaboration with New York State, is to develop the vibrant know-how ecosystem in New York to unlock new discoveries and alternatives in semiconductors, computer systems, hybrid cloud, synthetic intelligence and quantum computer systems.
IBM has lengthy known as New York state house, and its business helps greater than 7,500 jobs throughout the Hudson Valley. This area has been a hub of innovation and manufacturing for many years. From Westchester County to Poughkeepsie to Albany, IBMers are pushing the limits of computing and serving to shoppers embrace digital transformation.
“IBM is deeply honored to host President Biden at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America’s economy,” Arvind Krishna, Chairman and CEO of IBM, mentioned. “As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery – because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans.”
President Biden’s go to to the IBM Poughkeepsie website highlights the CHIPS and Science Act’s distinctive alternative to advance American innovation and manufacturing. The know-how that IBM delivers right now from Poughkeepsie will straight profit from the CHIPS and Science Act that the President lately signed into regulation. It will guarantee a dependable and safe provide of next-generation chips for right now’s computer systems and synthetic intelligence platforms in addition to gas the way forward for quantum computing by accelerating analysis, increasing the quantum provide chain, and offering extra alternatives for researchers to discover business and science functions of quantum techniques.
IBM’s Poughkeepsie website has helped the nation embrace the transformative energy of know-how since 1941, from manufacturing armaments throughout World War II to creating and constructing the newest technology mainframe computer systems. In Poughkeepsie, IBM builds state-of-the-art mainframe computer systems that energy the world economy. The website is also house to IBM’s first Quantum Computation Center – the place numerous actual quantum computer systems run in the cloud. IBM’s imaginative and prescient is for Poughkeepsie to grow to be a world hub of the firm’s quantum computing growth, simply as it’s right now for mainframes.
The way forward for semiconductor applied sciences is also being created in the Hudson Valley, from Yorktown Heights to Albany and past. In Albany, a novel public-private semiconductor ecosystem is the place IBM final yr introduced the first 2 nanometer chip know-how, considered one of the semiconductor business’s largest breakthroughs of the final decade. The growth of Albany’s collaborative innovation mannequin could possibly be a basis for the National Semiconductor Technology Center (NSTC) that can be applied as a part of the CHIPS and Science Act.
IBM’s announcement right now builds on and expands these investments in the way forward for American innovation, and will gas financial development and job alternatives for folks of all backgrounds to work with cutting-edge techniques and speed up the tempo of discovery throughout the Hudson Valley.
About IBM:
ibm.com
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