IBM's shift to hybrid cloud and AI led to strong financial growth in 2025. Anthropic's Claude LLM disrupts IBM's core legacy business, triggering major stock declines in 2026. Despite recent momentum, ...
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 ...
After IBM stock's recent freefall due to a threat from Anthropic's Claude that could disrupt IBM's mainframe programming language moat, investors may well wonder what to expect from an IBM stock ...
For decades, IBM could seemingly do no wrong. A 1985 New York Times article titled "The Daunting Power of IBM" reported that the company "of course, has been the No. 1 computer company virtually ever ...
IBM has announced their Poughkeepsie IBM Quantum Data Center will house the world's first large-scale, fault-tolerant quantum computer in 2029, dubbed IBM Starling. By 2033, the Poughkeepsie facility ...
The company says it has cracked the code for error correction and is building a modular machine in New York state. IBM announced detailed plans today to build an ...
IBM CEO Arvind Krishna says the company used AI to replace hundreds of human resources employees. Its AskHR agent now automates 94% of routine HR tasks, including pay statements. IBM employed 270,300 ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. An IBM spokesperson confirmed to TechCrunch that the U.S.
IBM is planning to build the largest quantum computer so far, by linking together smaller machines to create one with a recording-breaking number of quantum bits, or qubits. The firm’s first steps on ...
IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related. But look for GenAI layoffs in ...
April 30 (Reuters) - A federal appeals court on Tuesday overturned a judgment requiring IBM (IBM.N), opens new tab to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced ...
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