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IBM Stock Rises on Quantum Hub Plans

IBM shares rose approximately 0.5% to $222.70 as it announced plans for a quantum-safe center with Malaysia's Sarawak Artificial Intelligence Centre. The project aims to assist organizations in replacing encryption.

IBM

70 on October 6 after it announced plans for a quantum-safe center with Malaysia's Sarawak Artificial Intelligence Centre. The project is aimed at organizations preparing to replace encryption.