IBM‘s (NYSE: IBM) efforts to capitalize on the rise of generative AI aren’t its only big bet on future technology. Alongside this, the company has also been investing heavily in quantum computing.
Quantum computing utilizes quantum mechanics to solve complex problems more quickly than classical computers. The potential use cases of this technology are extensive, including applications in areas like artificial intelligence (AI), cybersecurity, drug development, and even areas like sustainable energy and traffic optimization.
However, with the perception that this catalyst, at best, will only start to positively impact performance many years from now, investors don’t seem all that interested in “Big Blue’s quantum leap” right now.