IBM announces $150B investment in US

By Pilar Arias  | Fox Business

International Business Machines Corporation (IBM), one of the nation’s largest technology employers, is planning to invest $150 billion in the U.S. “over the next five years to fuel the economy and to accelerate its role as the global leader in computing,” according to a media release.

“Technology doesn’t just build the future — it defines it,” Arvind Krishna, IBM chairman, president and chief executive officer, said in a statement. “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities.”

Krishna will appear in an exclusive interview on The Claman Countdown on Fox Business at 3 p.m. EST.

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