IBM has been working on AI for decades. That long game is starting to show up in the stock. Shares are up nearly 38% so far this year. To keep pushing its AI strategy, International Business Machines ...

International Business Machines has seen a modest upward revision to its fair value estimate, nudged from roughly $290.89 to $293.89 as analysts factor in steadier long term revenue growth ...

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 ...

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 ...

International Business Machines Corp. (NYSE: IBM) agreed to acquire Confluent, Inc. (NASDAQ: CFLT) for $31 per share, giving the data streaming pioneer an enterprise value of $11 billion. Confluent ...

Rogers Park’s century-old movie house is getting another shot at the spotlight under a new out-of-state operator. Michigan-based exhibitor Jordan Stancil has agreed to lease the former New 400 ...

International Business Machines is continuing its quantum-computing blitz, this time with a new Cisco Systems partnership. The two technology stalwarts announced on Thursday that they plan to ...

If you work at Costco or happen to have walked by one of their computers and wondered if you've traveled back in time, you're not alone. It's not only a phenomenon at Costco, as Home Depot and many ...

Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. As OpenAI, Google, and other tech giants chase ever-larger ...

Red Hat employees walk back to their Raleigh headquarters after a meeting at the Duke Energy Center for the Performing Arts Monday, Oct. 29, 2018. Travis Long [email protected]@newsobser I’m ...

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 ...