All articles tagged with #ibm
Originally Published 7 days ago — by IBM Newsroom
IBM and The All England Lawn Tennis Club have renewed their 36-year partnership, focusing on enhancing Wimbledon’s digital experiences through AI-powered solutions to increase global fan engagement and accessibility, with initiatives like personalized features and real-time insights.
Originally Published 11 days ago — by The Motley Fool
The article highlights three AI stocks to consider for long-term investment: Alphabet for its stable core business and AI development, Tesla for its high-risk, high-reward humanoid robotics and autonomous vehicles, and IBM for its dividend-paying, evolving AI and cloud computing services. Each offers a different approach to capitalizing on the AI boom, suitable for various investor risk profiles.
Originally Published 13 days ago — by The Hacker News
IBM has disclosed a critical security flaw in API Connect (CVE-2025-13915) that allows remote attackers to bypass authentication and gain unauthorized access. The vulnerability affects specific versions and is rated 9.8/10 on CVSS. Users are advised to apply the available fixes promptly or disable self-service sign-up to mitigate risks.
Originally Published 16 days ago — by CNBC
Louis Gerstner, who famously revitalized IBM as its CEO and transformed its culture and focus, has died at age 83. His leadership helped steer IBM away from potential bankruptcy towards success, and he was also known for his philanthropy and involvement in public education initiatives.
Originally Published 16 days ago — by The Guardian
Louis Gerstner, credited with transforming IBM during a critical period in the 1990s, has died at age 83. As the first outsider to lead IBM, he focused on restoring profitability and integrating solutions, abandoning plans to split the company and making key decisions like dropping OS/2. His leadership helped reshape IBM into a more client-focused and innovative company, leaving a lasting legacy in the tech industry.
Originally Published 16 days ago — by Bloomberg.com
Louis Gerstner, credited with transforming IBM from a struggling hardware company into a leading services and software enterprise during his nine-year tenure as CEO, passed away at 83. His strategic shift towards middleware, internet, and e-business, along with cost-cutting and cultural changes, significantly increased IBM's market value and revenue, leaving a lasting legacy in corporate leadership.
Originally Published 18 days ago — by Yahoo Finance
The article compares Rigetti Computing's recent advancements and challenges in quantum computing with IBM's strategic focus on becoming a quantum-first company, highlighting Rigetti's hardware milestones and risks versus IBM's more stable, integrated approach, suggesting a better risk-reward stock alternative in the sector.
Originally Published 2 months ago — by Decrypt
IBM unveiled advanced quantum processors, including the Nighthawk with 120 qubits, aiming for quantum advantage by 2026 and fault tolerance by 2029, bringing quantum computing closer to practical, large-scale applications, though still far from threatening Bitcoin's cryptography.
Originally Published 2 months ago — by IBM Newsroom
IBM announced significant advancements in quantum computing, including the upcoming IBM Quantum Nighthawk processor with 120 qubits designed for quantum advantage, and the IBM Quantum Loon demonstrating key components for fault-tolerant quantum computing. They also introduced new software capabilities with Qiskit, improved error correction, and scaled fabrication to 300mm wafers, all aiming toward achieving quantum advantage by 2026 and fault-tolerance by 2029.
Originally Published 2 months ago — by Reuters
IBM plans to cut a low single-digit percentage of its global workforce in Q4 as it shifts focus towards high-margin software and cloud services, particularly through its Red Hat division, amid a slowdown in cloud growth. The layoffs may impact U.S. employees but are not expected to significantly change employment levels in the country.
Originally Published 2 months ago — by Bloomberg.com
IBM plans to cut thousands of jobs this quarter as it shifts focus towards higher-growth software and services, particularly expanding its software division fueled by acquisitions like Red Hat and HashiCorp, while maintaining overall US employment levels.
Originally Published 2 months ago — by Investor's Business Daily
Major stock indexes closed at new highs driven by a softer-than-expected CPI report, with IBM and AMD leading gains, and anticipation of interest rate cuts and upcoming Fed meeting.
Originally Published 2 months ago — by Reuters
IBM announced it can run a quantum error correction algorithm on standard AMD chips, marking a significant step toward practical quantum computers and demonstrating that error correction can be performed on readily available hardware, with potential implications for the future of quantum technology development.
Originally Published 2 months ago — by Investor's Business Daily
IBM's stock surged near record levels following positive news about its advancements in quantum computing, including a report on running quantum error-correction algorithms using AMD chips, which boosted investor confidence despite mixed quarterly earnings. The company is competing with major tech giants and specialized quantum firms, and its stock's recent performance reflects optimism about its future in hybrid cloud and AI applications.
Originally Published 2 months ago — by Bloomberg.com
IBM's Q3 revenue growth slowed in key software segments, including Red Hat, with a 14% increase in hybrid cloud sales below expectations, leading to a 5.5% drop in shares. Despite overall revenue rising 9.1% to $16.3 billion, concerns about organic software growth persist, though AI bookings and infrastructure sales show strong momentum.