IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
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 ...
In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...
IBM is set to triple entry-level hiring in 2026, a significant shift from its 2023 stance on AI replacing jobs. These roles are being redefined, with junior developers focusing more on customer ...
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 ...
IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...
IBM is an AI pioneer, but it's been slow to find a viable business model. The tech giant is now betting on a mix of AI consulting and software to deliver AI solutions to enterprise clients. IBM's AI ...
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 ...
IBM to Fire Thousands as the Company Bets Big on AI, Cloud Software and Future Tech The tech world is paying close attention as IBM makes a surprising and unsettling move, announcing plans to ...
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 ...
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 ...
IBM CEO Arvind Krishna says the company used AI to replace hundreds of human resources employees. Its AskHR agent now automates 94% of routine HR tasks, including pay statements. IBM employed 270,300 ...