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IBM Ventures' $500M Fund Targets AI, Quantum Breakthroughs

11/27/2025

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Story summary
  • Emily Fontaine, head of IBM Ventures, oversees a $500 million fund for AI and quantum computing.
  • The fund has made 23 investments targeting business-to-business companies aligned with IBM's ecosystem.
  • IBM projects saving $4.5 billion in operating expenses this year through AI.
  • In quantum computing, IBM prioritizes software and algorithms to meet finance's need for quantum-safe defenses.
  • Fontaine notes exits, including Gem Security's acquisition for $350 million and Lightspin's $200–250 million sale.