#ibm

#ibm

IBM plans to invest $150 billion in the U.S. over five years, enhancing its tech capabilities and supporting American jobs.

IBM is shifting its focus to smaller, more reliable AI tools, moving away from large, costly models.

IBM's revenue exceeded expectations but stock price dropped due to contract issues influenced by government policies.

IBM aims to integrate automation with AI management, creating a seamless orchestration of AI agents across different platforms.

IBM is reportedly laying off thousands, with significant impacts on its Cloud Classic division.

Reports suggest a strategic workforce reduction, potentially affecting around 9,000 employees across multiple locations.

Layoffs appear to be part of ongoing 'Resource Actions' and incentive-driven attrition.

IBM is mandating US sales staff to return to the office for three days a week, leading to concerns of stealth layoffs among older employees.

Quantum computing technology is rapidly evolving and is nearing commercial viability.

Germany's hosting of IBM's quantum data centre signifies a major step towards European technological sovereignty in quantum tech.

Adjusting qubit frequency and rewriting control software have significantly improved IBM's quantum computing efficiency, reducing calculation time and associated errors.

Operating a quantum computer requires substantial classical computing resources and a sophisticated software stack for algorithm execution and interpretation.

IBM's Guardium Data Security Center offers a comprehensive approach to data security for hybrid cloud infrastructures and AI environments.

IBM announces the IBM z17 mainframe, emphasizing AI capabilities and performance improvements.

IBM's z17 mainframe enhances AI workloads, emphasizing real-time transaction scoring and supporting over 250 new AI use-cases.

IBM's z17 mainframe accelerates AI adoption with extensive use case support and significant improvements over its predecessor.

RHEL AI simplifies enterprise AI model development and deployment in hybrid cloud environments.

watsonx Code Assistant utilizes Granite 3.0 models for general-purpose coding assistance, enhancing developer productivity across multiple programming languages.

IBM's acquisition of Hakkoda enhances its consultancy capabilities in AI and data services, targeting key industries.

GlobalFoundries and IBM settled lawsuits regarding trade secrets and contract breaches, keeping terms confidential while exploring future cooperation.

The appeal court has reopened a class-action lawsuit against IBM for underfunding retiree pensions using outdated mortality data.

IBM is planning significant layoffs, particularly in its Classic Cloud IaaS portfolio, potentially affecting thousands of employees.

Legacy product teams within IBM are also facing cuts as part of resource adjustments.

IBM has conducted secretive layoffs affecting thousands of employees, with a focus on workforce rebalancing amidst AI initiatives.

Kyndryl has been laying off employees as it struggles with contract acquisitions, reflecting broader issues following its separation from IBM.

The Supreme Court's decision reinforces the Fifth Circuit's ruling, which nullified a billion-dollar judgment against IBM.

IBM CEO Arvind Krishna's total compensation increased by 23.1% in 2024 to over $25 million, driven by positive company performance.

Arvind Krishna hailed Claude Shannon as a pivotal figure in the evolution of modern computing and AI development during his acceptance speech.

IBM acquires HashiCorp for $6.4 billion to strengthen its hybrid cloud strategy, enhancing its infrastructure and DevOps capabilities.

The acquisition follows HashiCorp's controversial license switch, resulting in the creation of OpenTofu, a Terraform fork.

The U.K. CMA is investigating IBM's acquisition of HashiCorp for competition concerns.

The CMA is investigating IBM's acquisition of HashiCorp, which may impact competition in the cloud infrastructure market.

IBM is leading in open-source AI with the release of Granite AI 3.0 models, emphasizing business applications despite common industry hesitation.

Kyndryl's transition to a consulting-led model faces skepticism amid claims of optimistic projections and misclassification of work.

IBM is anticipating cost savings, which may lead to further workforce reductions.

AI is being utilized in sports commentating to provide match summaries and analyses, enhancing the viewer experience.

IBM plans to establish a full-stack AI infrastructure at Singapore's NUS to support local research and development in AI.

The center aims to focus on green, safe, and domain-centric AI initiatives.

L'Oréal partners with IBM to enhance cosmetic formulation through generative AI, focusing on sustainability and efficiency.

IBM's new polymer optical waveguide prototype could dramatically enhance data transfer efficiency and accelerate AI training in data centers.

IBM and GlobalFoundries settled a long dispute over intellectual property, focusing on future collaborations after resolving legal conflicts.

Granite 3.1 by IBM enhances language model capabilities for better business application performance with significant increases in token context and multilingual support.

IBM introduces Granite 3.0, expanding its AI offerings with open-source LLMs aimed at improving business functionality.

IBM successfully claimed $45 million from Zynga for patent infringement regarding online advertising technology.

The jury found Zynga infringed on significant IBM patents rooted in early internet innovations.

Zynga faces $44.9 million in damages for infringing IBM patents, predominantly related to advertising methods from 1993.

Zynga must pay $44.9 million to IBM for infringing patents related to mobile games.