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IBM Launches Anderon Subsidiary to Commercialize Quantum Computing

Wall Street Journal Markets •
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IBM is transforming its quantum computing research into a commercial venture through a new subsidiary called Anderon. The company plans to spin out this foundry business to produce silicon wafers needed for quantum processors, marking a shift from experimental research to scalable operations.

The venture combines $1 billion in federal funding from the Trump administration with an equal investment from IBM itself. Anderon will manufacture wafers for external quantum computing companies while supporting IBM's internal development efforts. Boston Consulting Group projects the quantum computing market could reach $90 billion to $170 billion by 2040, representing a significant opportunity for early movers.

IBM will expand its existing Albany, New York facility to support the foundry operations. Director of Research Jay Gambetta emphasized the scaling challenge ahead. Beyond the foundry, IBM plans to invest an additional $9 billion over five years to achieve fault-tolerant quantum computing, a milestone the company targets for its Starling system in 2029.

This move positions IBM to diversify revenue streams while maintaining technological leadership in quantum computing. The dual approach of selling manufacturing services externally while advancing internal capabilities could accelerate the industry's path to commercial viability.