Inside IBM’s main research center rises a maze of silver towers, each 22 feet tall. Through their vented flanks, you catch glimpses of blinking lights and the shadows of wires. The machine’s ...

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...

SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...

International Business Machines unveiled its plan to build “the world’s first large-scale, fault-tolerant quantum computer” in June, and on Wednesday, the company shared more on how it plans to reach ...

IBM targets quantum advantage by 2026 and fault-tolerant systems by 2029 with new processors and faster error correction, advancing the race toward quantum computing ...

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 ...

IBM stated earlier this week that it will conduct layoffs in the current quarter. The cuts will impact “a low single-digit percentage” of IBM’s 270,000-person global workforce. IBM is making cuts as ...

IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...

IBM has historically been at the frontier of computing, and it intends to do so in the age of AI. After making some of the world's most powerful supercomputers, the company is now working with ...