Market Chatter: IBM to Add 750 AI, Quantum Computing Jobs in Chicago

MT Newswires Live
Apr 29

International Business Machines (IBM) plans to add 750 jobs over the next five years focused at the Illinois Quantum and Microelectronics Park in Chicago, Bloomberg reported Wednesday, citing a joint statement by the company and Illinois Governor JB Pritzker.

The positions will be focused on artificial intelligence, quantum computing, cybersecurity and data science, the report said.

IBM, which will get $19 million from a sate tax-credit program, will also establish the FutureNow Chicago center at the hub, according to the report.

IBM didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 230.48, Change: -2.57, Percent Change: -1.10

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