International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...

IBM (IBM) shed 15.9% year to date after Anthropic’s Claude Code tool threatened to automate COBOL modernization, IBM’s highest-margin consulting work, though Q4 revenue grew 12% to $19.69B and ...

IBM is betting on hybrid systems being the future of near-term quantum computing, introducing a new computing architecture that uses both classical and quantum-specific technology to apply the ...

Scientists have just created a new, strange type of molecule. It’s made of a bunch of atoms bound together in a ring, like many other, simpler molecules. But if you could somehow zoom in on the ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

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 ...

As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...

For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...

AI efforts risk compounding technical debt. IBM is extending its internal AI platform to outside customers. The offering is the latest in the emerging "Services-as-Software" category. IBM has launched ...

IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing ...

Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and refocused it on customers during a period of crisis. Gerstner reshaped IBM's strategy and ...