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IBM bets $10 billion on quantum computing and a commercial machine by 2029

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IBM says it will spend more than $10 billion over the next five years on quantum computing — a cutting-edge technology that could one day make today's most powerful computers look slow and limited.The US tech giant, founded in 1911, says it has already deployed more than 90 quantum systems — more than all its rivals combined — and is aiming to deliver the first large-scale commercial quantum computer by 2029.Unlike regular computers, which process information using "bits" — tiny switches that are either off (0) or on (1) — quantum computers use "qubits," which can be both 0 and…

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