International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...
IBM is betting on hybrid systems being the future of near-term quantum computing, introducing a new computing architecture that uses both classical and quantum-specific technology to apply the ...
International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...
IBM’s (IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...
IBM's growth is being driven by artificial intelligence (AI). Customers are now using its mainframes to help run AI inference, while its watsonx software platform is being used for AI governance and ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...
IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...
For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...
Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and refocused it on customers during a period of crisis. Gerstner reshaped IBM's strategy and ...
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