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 (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 ...

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 announced plans for its IBM Quantum Starling, a fault-tolerant quantum computer, that brings quantum computing a step closer in a market that has long promised revolutionary capabilities while ...

IBM has announced their Poughkeepsie IBM Quantum Data Center will house the world's first large-scale, fault-tolerant quantum computer in 2029, dubbed IBM Starling. By 2033, the Poughkeepsie facility ...

The company says it has cracked the code for error correction and is building a modular machine in New York state. IBM announced detailed plans today to build an ...

IBM CEO Arvind Krishna says the company used AI to replace hundreds of human resources employees. Its AskHR agent now automates 94% of routine HR tasks, including pay statements. IBM employed 270,300 ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

IBM announced earlier this year that it would have layoffs, and that now appears to have occurred. Analyst attributes it to cloud/on-prem rebalancing, not genAI-related. But look for GenAI layoffs in ...

IBM on Tuesday announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten, and GitLab monitor and optimize their Kubernetes clusters with a ...