IBM pledges to spend $150B in the US over the next few years
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IBM Pledges $150B US Investment in Computing Leadership
Above: The International Business Machines Corporation (IBM) logo on their pavilion during the Mobile World Congress 2025 in Barcelona, Spain, on March 5, 2025. Image copyright: Joan Cros/Contributor/NurPhoto via Getty Images
The Spin
Narrative A
After years as a slumbering giant, IBM has roared back to life with a staggering $150 billion commitment to America's technological future. The computing titan is betting big on quantum supremacy and AI innovation. This audacious reinvention signals not just IBM's renaissance, but potentially America's reclamation of technological dominance in an increasingly competitive global landscape.
Narrative B
In the shadow of a $150 billion American investment pledge, IBM's fundamental weaknesses remain exposed — a cloud computing afterthought commanding a mere 2% market share while tech titans dominate. Despite its software pivot, IBM's anemic growth, sluggish consulting segment, and vulnerability to economic headwinds reveal an uncomfortable truth; this is less a renaissance than a desperate bid for relevance.