IBM CEO: Quantum Computing Could Make Real Money by 2028

Quantum computing might soon go from a science experiment to a real money-making business, according to IBM's CEO Arvind Krishna.

Speaking on CNBC's Mad Money, Krishna said this powerful new type of computer could start adding meaningful revenue (money a company earns) and profit (money left after costs) to IBM as early as 2028 or 2029.

What is quantum computing? It's a completely new kind of computer that uses the strange rules of physics (quantum mechanics) to solve certain problems in seconds — problems that would take today's normal computers thousands of years. It's not the same thing as AI, and it needs entirely different machines and special environments to run.

Here are the key facts:

• Krishna believes the technology could be worth $1 trillion by the end of the 2030s.
• IBM, along with Alphabet (Google's parent), IonQ, and Rigetti, are all racing to build these machines.
• IBM is building a special quantum chip factory, backed by $1 billion from the U.S. Department of Commerce plus a matching $1 billion from IBM itself.

Why does this matter for everyday life? Quantum computers could help create longer-lasting batteries, discover new medicines, improve materials, and advance clean energy research. IBM says it has already used them to study materials that regular computers couldn't figure out.

What about crypto? Some people worry that a powerful enough quantum computer could one day break the encryption (secret codes) that keep Bitcoin wallets safe. But most experts say that's still far away. Developers are already building "quantum-resistant" security, so blockchain networks should have plenty of time to upgrade before any real threat appears.

Meanwhile, big Bitcoin miners like MARA Holdings, Riot Platforms, and CleanSpark are watching closely, since their data centers and power supplies could support future computing needs.

In short: IBM believes quantum computing is close to becoming a genuine business, not just a research project — with huge potential rewards ahead.

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/markets/2026/07/31/quantum-computing-nears-commercial-breakthrough-ibm-ceo-says