IBM invests up to $20 billion in quantum computing development

Once a mass-produced personal computer, the U.S.
corporation IBM has in recent years focused on software development and building server systems for high-performance computing.
Following the example of Intel and Micron, it is also going to apply for government subsidies for the development of its cluster in New York state, which will specialize in quantum computing.According to Reuters, the ceremony to announce new investments in this area this week will involve U.S.
President Joseph Biden, who will visit New York state and speak at the place Poughkeepsie, where IBM conducts specialized research.
Biden will be accompanied by IBM CEO Arvind Krishna.
The company plans to turn this site into \"a global hub for quantum computing development.
IBM will allocate $20 billion to finance the corresponding needs.
What size subsidies it will be able to claim, it is not specified.In general, IBM representatives said that funding of the national semiconductor industry in the U.S.
will provide modern computers and artificial intelligence systems with chips of the next generation.
The $20 billion investment will span a decade and cover the areas of semiconductor component development and production, as well as mainframe technology, artificial intelligence and quantum computing.
The specific scheme of distribution of funds between these areas of activity is not given.

Intel inaugurated construction of two plants in Ohio - they will start producing advanced chips by 2025

U.S.
authorities' delay in approving a $52 billion package of legislation to subsidize the construction of semiconductor facilities in the country has delayed Intel's schedule for building two facilities in Ohio somewhat, but only on a ceremonial level.
The president of the United States, the governor of the state and the head of Intel attended the ceremony this week.Image source: IntelAccording to a press release on Intel's website, other officials of various levels attended the grand opening ceremony for the Ohio site.
While Intel's intentions to spend $20 billion to build facilities in Ohio have long been known, this week the company emphasized a related educational initiative.
As clarified, it will allocate $50 million over ten years to core educational programs in Ohio that will cover more than 80 institutions in the state.
Over the next three years alone, Intel will allocate $17.7 million to support research and educational programs, which will be distributed among eight academic institutions in Ohio.Over the next three years, this program will provide training for about 9,000 graduates, and 2,300 students will become recipients of targeted scholarships.
About 7,000 people will be employed directly in the construction of plants in Ohio, and in the long term, they will provide jobs for about 3,000 skilled professionals.
As Intel representatives once again stressed, the company's two new facilities in Ohio will focus not only on manufacturing products for its own needs, but will also serve the interests of third-party customers.
Earlier it was explained, that it will be in Ohio, where advanced lithographic scanners ASML with high value of numerical aperture, which in the future will allow to produce products with Intel 18A technology.
It will allow Intel to regain technological leadership in lithography by the middle of the decade.
In addition to its own products, Intel is already considering making advanced products in Ohio for several customers.
Most likely, the talk is about representatives of defense industry interested in getting American-made products that meet the latest criteria.Intel CEO Patrick Gelsinger thanked representatives from the U.S.
Presidential Administration, Congress and state leadership for their assistance in the company's effort to \"restore the deserved U.S.
position as a leader in the advanced chip manufacturing\".
In the coming years, Intel will build two new facilities in Arizona, expand its production capacity in New Mexico, and improve its research center in Oregon, which will focus on developing advanced packaging techniques for semiconductor components and innovations in lithography.
It will house an experimental production line that will allow advanced engineering ideas to be tested at prototype level.

Hyundai will invest about $5.54 billion in electric car and battery production in the US

The US is the third-largest market for electric cars, but local production, other than at Tesla, is relatively underdeveloped.
Following the example of many competitors, Korea's Hyundai Motor has decided to build an electric car and traction battery manufacturing facility in the U.S.
It will be located in Georgia and will start assembling electric cars in the first half of 2025.Image source: Hyundai MotorConstruction of the new facility will begin in 2023, and the design capacity implies the production of 300,000 electric cars per year.
This is not the only enterprise of Hyundai in the USA which will be able to establish production of electric cars for the local market.
A part of production lines in Alabama will be re-profiled for these needs and it will be spent $300 mln for these purposes.
In general, Hyundai intends to direct $7.4 bln to development of American projects related to mobility till 2025.
It is known that the new venture in Georgia will be financed on a cost-sharing basis with a certain partner, whose name Hyundai has not yet disclosed, the total project budget will exceed $5.54 billion.
It is possible that it will be South Korean company SK On, which already has facilities in Georgia to produce traction batteries.
They are supplied for the needs of Volkswagen and Ford Motor, but knowledgeable sources told Reuters that electric cars Hyundai Ioniq 7 will be equipped with batteries manufactured by SK On.
The state of Georgia intends to attract about $1 billion more in investment to build facilities by Hyundai suppliers that will create the necessary local infrastructure for the Korean giant.