After inching 0.10% higher during today's regular trading session, International Business Machines (NYSE: IBM) stock is jumping sharply higher in after-hours trading this afternoon. In addition to the ...
American tech giant IBM announced last month the acquisition of Confluent, a pioneering company in data streaming, for $11 billion. The buyout will allow IBM to strengthen its AI platform and cloud ...
This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...
AI companies are continuing to pour ungodly amounts of money into building out data centers, in an enormous bet that both analysts and tech leaders warn may not pay off for many years to come — if it ...
IBM (IBM) shares are up 40% in 2025 but retail sentiment remains neutral at 48 out of 100. IBM’s CEO warned that building 100 gigawatts of AI data centers could require $8T in capital expenditure. IBM ...
Companies like HP and IBM have signaled they're replacing jobs with AI. HP plans to cut up to 6,000 jobs by 2028, citing AI-driven productivity measures. Amazon has signaled AI efficiency gains will ...
If you work at Costco or happen to have walked by one of their computers and wondered if you've traveled back in time, you're not alone. It's not only a phenomenon at Costco, as Home Depot and many ...
IBM has released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...
SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ...
IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...
International Business Machines IBM-0.25%decrease; red down pointing triangle is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in ...
The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...
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