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 ...
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or ...
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 ...
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 ...
IBM (NYSE:IBM) said it has acquired Austria-based software company Txture to help clients migrate and modernize hybrid cloud estates. Financial details of the transaction were not disclosed by IBM in ...
IBM joined fellow hyperscalers in warning VMware customers about impending Broadcom-forced license changes that could impact a VMware user’s ability to run those services on IBM’s cloud infrastructure ...
The widespread outage involving the cloud-computing provider Amazon Web Services ensnared unexpected consumers earlier this week: people who just wanted a good night’s sleep. By Sopan Deb Some users ...
Oct 23 (Reuters) - IBM (IBM.N), opens new tab shares dropped more than 6.5% before the bell on Thursday, after growth slowed in its core cloud software segment and spooked investors over Big Blue's ...
IBM’s Upbeat Q3 Results Overshadowed by Slowing Cloud Growth Your email has been sent IBM’s latest quarterly report painted a mixed picture, with robust earnings and strong AI-driven demand, yet ...
Cloud unit sales growth slows to 14% in Q3 from Q2's 16% IBM shares fall ~5% in extended trading Q3 revenue and profit beat LSEG estimates AI-driven mainframe boosts infrastructure sales Oct 22 ...
International Business Machines Corp. reported disappointing revenue in two key software categories, including its closely watched Red Hat unit, sparking concerns among investors who see those ...
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