IBM details its upcoming Telum II mainframe chip as well as its Sprye AI accelerator card. Both chips will be available in new mainframe systems next year. IBM should see a revenue boost from ...

IBM has announced the Telum II Processor with shared on-chip AI and, perhaps surprisingly, the Spyre Accelerator, delivered on a PCIe card and designed to accelerate AI models, including LLM ...

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IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees.

IBM is shutting down its China research and development department, the latest retreat from the country by top U.S. technology companies. The company is moving its China R&D functions to other ...

IBM's fair value is estimated to be around $145 per share using a dividend discount model with an 8.2% required rate of return. Despite improving business performance, IBM's stock appears ...

IBM's Q2 results exceeded expectations, driven by strong performance in software, consulting, and infrastructure, and a 24% increase in free cash flow. IBM's AI strategy, including the Watsonx ...

Hong Kong CNN — IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to ...

IBM IBM0.38%increase; green up pointing triangle is shutting down its China research and development department, the latest retreat from the country by top U.S. technology companies. The company ...

IBM (IBM) concluded the recent trading session at $220.50, signifying a +1.29% move from its prior day's close. IBM (NYSE: IBM) today announced a new AI foundation model for a variety of weather ...