IBM Plans Its First European Quantum Facility In Germany
Portfolio Pulse from Lekha Gupta
IBM plans to open its first European quantum data center in Ehningen, Germany, serving IBM Quantum's European cloud region. The facility will help clients manage European data regulation requirements and provide access to advanced quantum computing. The data center is expected to be operational in 2024.
June 06, 2023 | 12:22 pm
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IBM's first European quantum data center in Germany will help clients manage data regulation requirements and provide access to advanced quantum computing, with operations starting in 2024.
The new quantum data center will strengthen IBM's presence in Europe and provide clients with advanced quantum computing resources. This expansion is likely to have a positive impact on IBM's stock price in the short term as it demonstrates the company's commitment to innovation and growth in the European market.
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