--- description: Find out why IBM was selected for the list title: TIME100 Most Influential Companies 2023: IBM image: https://static.time.com/v3/assets/bltea6093859af6183b/blt55edd1db1b7da81f/698a3dc9929fad1cedbf9e72/time100-companies-IBM-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # IBM Quantum Leaders by [Charlie Campbell](/author/charlie-campbell/) ## Charlie Campbell Update your preferences in [Account Settings](/account/preferences/) Close Editor at Large  The “chandelier” inside a quantum computer at IBM is designed to cool its processing chip to a temperature lower than outer space. The “chandelier” inside a quantum computer at IBM is designed to cool its processing chip to a temperature lower than outer space.Thomas Prior for TIME For decades, “Nobody gets fired for buying IBM” was an immutable business maxim. The New York behemoth was so dominant that shopping elsewhere was admitting defeat. But [IBM’s crown slipped](https://time.com/6167753/arvind-krishna-ibm-ceo-interview/ "undefined") as Asian competitors gobbled its lunch. No longer. The $120 billion firm is back at the vanguard of revolutionary technology, running more transformative quantum computers (60) than the rest of the world combined, while partnering with giants from Boeing to Sony. In just seconds, quantum computers can solve problems that would otherwise take years, from complex calculations about weather patterns to optimizing drug discovery, battery performance, and more. In November, IBM launched the most powerful quantum-­processing chip ever produced—the 433-qubit Osprey—and in May set its sights even higher, announcing a 10-year plan to make a 100,000-qubit processor. --- ### More from TIME --- _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). IBM: 2023 TIME100 Most Influential Companies ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/"},"headline":"IBM","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T02:27:28.680Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt55edd1db1b7da81f/698a3dc9929fad1cedbf9e72/time100-companies-IBM-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Charlie Campbell","jobTitle":"Editor at Large","url":"https://time.com/author/charlie-campbell/"}],"creator":"Charlie Campbell","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt55edd1db1b7da81f/698a3dc9929fad1cedbf9e72/time100-companies-IBM-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/","name":"IBM"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"TIME100 Most Influential Companies: OpenAI","description":"Find out why OpenAI was selected for the list","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/EU3F7DHt/poster.jpg?width=720","uploadDate":"2023-06-21T11:00:00.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/EU3F7DHt.m3u8","embedUrl":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/","duration":"PT4M21S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/collections/time100-companies-2023/6285181/ibm-titans/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```