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 ...
Technology and consulting giant IBM (NYSE:IBM) will be reporting earnings this Wednesday after the bell. Here’s what to look for. IBM beat analysts’ revenue expectations by 1.4% last quarter, ...
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 ...
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 ...
SAN FRANCISCO, Oct 24 (Reuters) - IBM (IBM.N), opens new tab said on Friday it can run a key quantum computing error correction algorithm on commonly available chips ...
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 ...
The decades-long quest to create a practical quantum computer is accelerating as major tech companies say they are closing in on designs that could scale from small lab experiments to full working ...
IBM stock is sinking Thursday even though the company published better-than-expected quarterly results yesterday. Sales and earnings topped Wall Street's expectations in Q2, but software revenues fell ...
IBM announced plans for its IBM Quantum Starling, a fault-tolerant quantum computer, that brings quantum computing a step closer in a market that has long promised revolutionary capabilities while ...
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 ...
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