A chief executive projects measurable quantum revenue by 2028

Claim

IBM's Arvind Krishna, fresh off a quantum-advantage demonstration, sees measurable quantum revenue by 2028 and a trillion dollars of value by the late 2030s in batteries, materials, fusion and medicines, while Commerce seeded $874 million across seven more chip companies, taking equity in each.

Reported metric: $874M across 7 firms

Reporting date: 2026-07-31 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to July 31, 2026 (theinnermostloop.substack.com)