IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
AI companies are continuing to pour ungodly amounts of money into building out data centers, in an enormous bet that both analysts and tech leaders warn may not pay off for many years to come — if it ...
Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...
IBM announced new processors that it said will help it build a 'fault-tolerant quantum computer' by the end of the decade IBM's quantum lab in Albany, N.Y,. International Business Machines unveiled ...
IBM targets quantum advantage by 2026 and fault-tolerant systems by 2029 with new processors and faster error correction, advancing the race toward quantum computing ...
AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...
Layoffs at International Business Machines Corp. (NYSE: IBM) will not help it lead in artificial intelligence. IBM has a history of letting opportunities to lead pass it by, and now it is no longer ...
IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...
International Business Machines IBM2.54%increase; green up pointing triangle is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in the ...
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 ...
A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM. Technology giant IBM launched a ...
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