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IBM (NYSE: IBM) and researchers from the University of Chicago today announced a demonstration in quantum computing that achieves the fundamental criteria for quantum advantage: performing computations beyond the reach of leading classical simulation methods while providing trust that the computation returned accurate results.

Qedma Quantum Computing, a pioneer in quantum error reduction software and IBM (NYSE: IBM) today announced a breakthrough study demonstrating how trusted, error-mitigated quantum computation is possible, and can be used to explore the physics of materials beyond the capabilities of state-of-the-art classical simulations, including those run on one of the world's most powerful supercomputers. By combining Qedma’s advanced error mitigation software, QESEM, with IBM quantum computers, researchers observed complex and long-lived quantum dynamics in systems of up to 74 qubits. This enabled them to reach a paradigm where multiple state-of-the-art classical approaches failed to provide consistent, reliable answers.

Algorithmiq and IBM (NYSE: IBM) announced a major milestone in the development of quantum computing: a joint demonstration of quantum advantage with the simulation of a heterogeneous quantum material, achieved with a new framework that establishes trust in quantum computations when classical verification is unavailable.

One in four malicious breaches were AI-enabled – a 56% increase over last year – and these breaches cost an average of $6 million, roughly $1 million more than the global breach average of $4.99 million, according to IBM's 2026 Cost of a Data Breach Report.

IBM (NYSE: IBM) today announced it has signed a definitive agreement to acquire HRL Laboratories, LLC (HRL), a flagship research and development institution. HRL is a private company jointly owned by Boeing and General Motors. Both Boeing and GM will continue to partner with IBM on quantum applications and advanced technology development following the transaction.

ARMONK, N.Y., July 22, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced second-quarter 2026 earnings results.

IBM announced IBM Power Autonomous Operations, an AI agent that can help continuously monitor Power systems and autonomously resolve issues to keep operations running smoothly. It complements the recently launched IBM Bob™ Premium Package for i, which brings agentic-driven software designed to accelerate application development on IBM i. These capabilities can accelerate building modern applications so enterprises can innovate at the pace required by their business. Additionally, the entry-level Power S1112 server provides a new compact, efficient option powerful enough to run AI inference locally.

This morning we are releasing selected preliminary second-quarter 2026 financial results. We are still working to close our financial reporting for the quarter and our final results could be slightly different.

IBM (NYSE: IBM) announced major updates to IBM Bob, its agentic software development platform, including new multi-agent capabilities, built-in AI cost and use analytics, and pre-built, specialized workflows for modernizing enterprise systems.

IBM (NYSE: IBM) will hold its quarterly conference call to discuss its second-quarter 2026 financial results on Wednesday, July 22, 2026 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor.