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Where can quantum computing be explored most effectively? Katie Pizzolato, Vice President, IBM Quantum Platform explains, Personally, I'm most excited about the potential applications we don't know yet. It's very exciting to think about where we all sat at the dawn of classical computation and not to ever imagine where we are today. But we know that quantum computers are poised to accelerate time and cost efficiencies in really important fields like drug development, materials discovery, optimization, things that impact all industries. Here's your afternoon TNB Tech minute for Wednesday, October 29th. I'm Julie Chang for the Wall Street Journal. Starting with some earnings, Meta Platforms has reported record revenue for its third quarter. The social media giant says it brought in $51.2 billion in sales a year over year growth rate of 26%. But its net income fell far short of analysts expectations, coming in at $2.7 billion. And the stock fell after hours. Google's parent company Alphabet has reported a 16% surge in revenue. Sales reached more than $102 billion, a record and ahead of analysts forecasts. Net income was about $35 billion, a 33% increase over the same period a year ago. The tech Giant said its AI spending is set to reach up to $93 billion this year. News Corp. Owner of the Wall Street Journal, has a commercial agreement to supply content on Google platforms. Meanwhile, Microsoft has reported revenue of nearly $78 billion for its fiscal first quarter, beating Wall street expectations. The company's Azure cloud business, which hosts AI models, grew about 40%. Microsoft said its net income was $27.7 billion. General Motors will lay off more than 3,300 hourly workers at electric, vehicle and battery plants. The company says the cuts are a response to slower EV adoption, and they come of federal subsidies and the elimination of some emissions regulations. The layoffs will take place starting in January at plants across Michigan, Ohio and Tennessee, but GM says more than 1,500 of those employees are expected to be called back to work mid next year. Finally, Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new AI data centers in the country. AWS is partnering with South Korea's SK Group to build what they say will be the country's largest AI data center in Ulsan, according to the group. It's expected to be completed by 2027, and that's a wrap on your TMB Tech Minutes. We'll have another quick tech update in the morning. If you're waiting for your AI to turn into ROI and wondering how long you have to wait. Maybe you need to do more than wait. Any business can use AI. IBM helps you use AI to change how you do business. Let's create smarter IBM.