IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...
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 ...
SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...
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 has introduced two different quantum chips that it believes could help demonstrate "quantum advantage," or the ability for a quantum computer to solve a problem faster than a classical computer, ...
SAN FRANCISCO, Nov 12 (Reuters) - IBM (IBM.N), opens new tab announced on Wednesday it has built a new experimental quantum computing chip called Loon that demonstrates it hit a key milestone toward ...
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 stated earlier this week that it will conduct layoffs in the current quarter. The cuts will impact “a low single-digit percentage” of IBM’s 270,000-person global workforce. IBM is making cuts as ...
IBM announced Tuesday it would be laying off thousands of employees before the end of the year. The job losses will amount to a “low single-digit percentage” of the global workforce. For a 1 percent ...
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 ...
IBM has historically been at the frontier of computing, and it intends to do so in the age of AI. After making some of the world's most powerful supercomputers, the company is now working with ...