IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

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 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 ...

IBM has released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...

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 ...

The big picture: The layoff plan underscores how aggressively Big Blue is betting on automation, consulting, and quantum computing to define its next decade. It also marks the latest step in IBM's ...

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 ...

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 ...

The launch of the AI-focused z17 mainframe earlier this year has been a major success. Infrastructure is expected to drive 1.5 percentage points of revenue growth in 2025 for IBM. IBM boosted its ...