Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business toward consulting and services. By Steve Lohr Louis V. Gerstner Jr., an ...

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 ...

AI companies are continuing to pour ungodly amounts of money into building out data centers, in an enormous bet that both analysts and tech leaders warn may not pay off for many years to come — if it ...

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 ...

At the center of IBM’s announcement is the IBM Quantum Nighthawk, a next-generation 120-qubit processor featuring 218 tunable couplers—20% more than its predecessor, the IBM Quantum Heron. The ...

IBM moves closer to fault-tolerant quantum advantage with the launch of new hardware and software for scalable quantum processing. YORKTOWN HEIGHTS, NEW YORK — IBM is continuing its journey to scaling ...

Quantum computing is finally heating up. There is a heady mix of high-profile and highly resourced big tech players like Google, Microsoft, Amazon Web Services, and Nvidia either building QPUs, ...

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 ...

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 Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI Your email has been sent IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s ...

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 ...