And now they're trying to memory hole the RA with positive news.
https://www.foxbusiness.com/video/6385004810112
6 replies (most recent on top)
They say the higher you go the harder you fall. Saying let's send the stock sky-high based on lies is like saying "I hope this pyramid scheme will flourish for many years to come..."
As long as it helps increase the stock price, I am good with it... The real question is when is the music going to stop?
@OP juicing the IBM stock for all it is worth. LOL !
@OP didn't we recently read that some city in India wanted to host one or more quantum systems from IBM and expected IBM to pay for the privilege of the hosting ? It was obvious that it was nothing but a scam to separate the top id--ts at IBM from their money, as they were expected to fund it all - Datacenter and the system(s) ? It may yet happen sometime in 2026 when Alvind departs the mother ship.
More news on another new quantum chip.
IBM says 'Loon' chip shows path to useful quantum computers by 2029 --
https://www.reuters.com/technology/ibm-says-loon-chip-shows-path-useful-quantum-computers-by-2029-2025-11-12/
By: Stephen Nellis
November 12, 2025 6:39 AM CST | Updated 11 hours ago
SAN FRANCISCO, Nov 12 (Reuters) - IBM (IBM.N) announced on Wednesday it has built a new experimental quantum computing chip called Loon that demonstrates it hit a key milestone toward making useful quantum computers before the end of the decade.
Quantum computers could someday solve problems that would take classical computers thousands of years. But due to the uncertain nature of quantum mechanics, the chips are prone to errors.
Correcting those errors is the key focus of tech giants such as Alphabet's (GOOGL.O) Google and Amazon (AMZN.O) that are chasing quantum computers alongside IBM. In 2021, IBM proposed a new way of doing error correction: adapt an algorithm for improving cellphone signals to quantum computing and run it on a combination of quantum chips and classical computing chips.
The downside of IBM's idea is that the quantum chips become harder to build because they must contain not only basic building blocks of quantum chips called "qubits" but also new quantum connections between the qubits, Mark Horvath, a vice president and analyst at research firm Gartner, told Reuters in an interview.
"It's very, very clever," Horvath said. "Now, they're actually putting it in chips, so that's super exciting."
Jay Gambetta, director of IBM Research and an IBM fellow, said the key was tapping the Albany NanoTech Complex in New York, which houses the same chipmaking tools as the most advanced factories in the world.
Loon remains in its early stages, and IBM did not disclose when outsiders can test it. But the company also announced on Wednesday a chip named "Nighthawk" that will be available at the end of this year.
IBM believes Nighthawk could beat classical computers on some tasks by the end of next year and is working with a group of startups and researchers to share its code openly so that others can test those claims.
"We're confident there'll be many examples of quantum advantage," Gambetta told Reuters.
"But let's take it out of headlines and papers and actually make a community where you submit your code, and the community tests things, and they select out which ones are the right ones."
@OP @OP thanks. Yeah just another boring yawn from me. Been in the IT game A LONG TIME and recall lots of these things. I recall the DEC Digital Equipment Corp has their Alpha CPU chip that was the first mass produced 64 bit CPU that was going to solve world hunger in 92. Paraphrasing Goose "...the list is long but UN distinguished..." usually.
IBM continues to move itself further and further away from customer relationships and more like a purveyor of commodity light bulbs in the Home Depot aisle.
DEC Alpha => https://www.chessprogramming.org/DEC_Alpha