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 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 (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
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 ...
Software segment growth driving Q4 sales strength IBM's Q4 sales, profit beat LSEG-compiled estimates Growth in hybrid cloud decelerating Slowdown in hybrid cloud resulting from US government shutdown ...
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 ...
It's a tech swap in Texas' capital city as one of the industry's most notable giants swaps with Mark Zuckerberg's Meta to bolster its real estate footprint. "Austin is an extraordinary — and growing — ...
Mainframe computing is having a moment — again. Nearly 60 years after the first IBM System/360 debuted as a mainframe platform, it continues to evolve in ways that defy expectations, powering critical ...
Tech behemoth IBM is teaming up with AI research lab Anthropic to bring AI into its software. Armonk, New York-based IBM announced it will be adding Anthropic’s Claude large language model family into ...