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IBM Launches Europe's First Quantum Data Center in Germany

9/28/2025

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Summary

Story summary

IBM inaugurated Europe's first Quantum Data Center in Ehningen, Germany, Oct 1, 2024.
Under Arvind Krishna, IBM's stock rose 159% from April 2020, contrasting with Ginni Rometty's declines.
IBM exceeded revenue forecasts in Q2 2024 and Q2 2025, driven by AI demand, despite Q1 2025 cuts.
IBM reached $1 billion cumulative quantum revenue since 2017, with HSBC's quantum-powered bond trades boosting investor interest.

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Story summary

IBM inaugurated Europe's first Quantum Data Center in Ehningen, Germany, Oct 1, 2024.
Under Arvind Krishna, IBM's stock rose 159% from April 2020, contrasting with Ginni Rometty's declines.
IBM exceeded revenue forecasts in Q2 2024 and Q2 2025, driven by AI demand, despite Q1 2025 cuts.
IBM reached $1 billion cumulative quantum revenue since 2017, with HSBC's quantum-powered bond trades boosting investor interest.