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 ...
The company posted revenue of $19.69 billion for the quarter, beating analysts’ estimates of $19.23 billion, and adjusted earnings came in at $4.52 per share, ahead of the anticipated $4.32 per share, ...
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 ...
IBM agreed to pay $31 a share for Confluent. The Wall Street Journal reported Sunday evening that IBM and Confluent were in advanced deal talks.
There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...
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 ...
IBM beat Wall Street's third-quarter earnings and revenues estimates and said it now expects revenue to grow more than 5% this year. CEO Arvind Krishna said IBM's AI book of business surpassed $9.5 ...
IBM shares notched a fifth straight session of gains, rising 7.3% over the past five days. The rally added roughly $18 billion in market value, bringing IBM’s market capitalization to about $241 ...
Meralco PowerGen Corp. (MGEN), the power generation unit of Manila Electric Co., announced Friday the adoption of IBM Maximo Application Suite (MAS), an advanced asset lifecycle management (ALM) ...
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