IBM and Basque Government announce plan to install Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in Spain
Portfolio Pulse from
IBM and the Basque Government have announced plans to install Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in Spain. The system will feature a 156-qubit IBM Quantum Heron processor and is expected to be completed by the end of 2025.
March 13, 2025 | 4:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
IBM is collaborating with the Basque Government to install Europe's first IBM Quantum System Two, enhancing its position in quantum computing. The project is set to complete by 2025.
The installation of IBM Quantum System Two in Europe marks a significant step for IBM in expanding its quantum computing capabilities and presence in the region. This partnership with the Basque Government highlights IBM's strategic initiatives in quantum technology, likely boosting investor confidence and positively impacting IBM's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100