IBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop since 2000. The trigger was not earnings. It was an AI blog ...
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IBM's mainframe systems are still widely used due to their reliability and security. IBM's latest mainframes feature powerful AI acceleration, enabling real-time AI inference workloads. IBM expects ...
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 ...
Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...
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 ...
IBM is an AI pioneer, but it's been slow to find a viable business model. The tech giant is now betting on a mix of AI consulting and software to deliver AI solutions to enterprise clients. IBM's AI ...
Lou Gerstner, IBM’s chairman and CEO from 1993 to 2002, died Saturday. He was 83. An influential leader who kept IBM together as one company when outside investors pushed for spin-offs and breakups, ...
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner's death in an email sent Sunday to employees, but did not provide ...
Dec 28 (Reuters) - Louis Gerstner, the former CEO and chairman of IBM (IBM.N), opens new tab, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent ...
Inside IBM’s main research center rises a maze of silver towers, each 22 feet tall. Through their vented flanks, you catch glimpses of blinking lights and the shadows of wires. The machine’s ...
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