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 ...

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 ...

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'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 ...

Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...

An IBM z16 server. The computers use artificial intelligence chip technology developed at NY Create’s Albany NanoTech complex on Fuller Road. Across the street at the University at Albany, IBM is ...

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 said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluent will strengthen IBM's artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the ...

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 beat Wall Street's third-quarter earnings and revenues estimates and said it now expects revenue to grow more than 5% this year. CEO Arvind Krishna said IBM's AI book of business surpassed $9.5 ...