IBM Bets $1 Billion on ‘Anderon’ to Create the First Pure-Play Quantum Foundry
IBM is spinning off Anderon, a $2 billion quantum chip foundry in New York, aiming to become the TSMC of the quantum era through CHIPS Act funding.
Tag: tech industry
California Launches First-of-Its-Kind State Effort to Buffer Workers Against AI Displacement
Governor Gavin Newsom issues a landmark executive order to modernize labor policy and worker protections as AI shifts the white-collar employment landscape.
California Launches First-of-Its-Kind AI Labor Protection Initiative as Tech Layoffs Mount
Governor Gavin Newsom signs a landmark executive order to modernize labor policies, worker retraining, and severance standards in response to AI-driven job displacement.
IBM Bets $1 Billion on ‘Anderon’ to Create America’s First Pure-Play Quantum Foundry
IBM is spinning off Anderon, a standalone quantum chip foundry in Albany, NY, backed by $1 billion from the CHIPS Act and $1 billion in corporate funding.
Kyndryl Initiates ‘Workforce Rebalancing’ as IT Giant Targets $500 Million in Savings
Kyndryl, the IBM spin-off, begins workforce rebalancing and job cuts targeting delivery teams and architects to streamline operations and pivot toward AI.