(Bloomberg) --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 ...
Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI tool within Claude Code designed to automate the modernization of COBOL, a ...
AI has threatened jobs across industries, and job growth has stalled nationwide in recent months because of it. While Gen Z, those who were born between 1997 and 2012, has struggled to find their ...
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 ...
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 ...
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 ...
IBM has unveiled GRAMMY IQ, a new fan engagement platform built with IBM watsonx that brings artificial intelligence directly into the Grammys digital ecosystem. As the Official AI and Cloud Partner ...
IBM Corp. today introduced a software platform designed to give enterprises and governments more direct control over artificial intelligence and cloud workloads in response to tightening sovereignty ...
An IBM z16 server. The computers use artificial intelligence chip technology developed at NY Create’s Albany NanoTech complex on Fuller Road. Across the street at the University at Albany, IBM is ...
IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing ...
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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