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'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 ...

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 ...

According to IBM, attention is not all you need when forecasting certain outcomes with generative AI. You also need time. Earlier this year, IBM made its open-source TinyTimeMixer (TTM ...

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 (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 ...

US computing giant IBM has reportedly shut down its research and development (R&D) operations in China, joining a slew of global Big Tech firms in trimming their mainland businesses amid ...

IBM has announced it is shutting down its research and development operations in China, with hundreds of workers set to lose their jobs. The closure will impact more than 1,000 IBM workers across ...

She previously worked at The Wall Street Journal and Bloomberg. David Ramos / Getty Images IBM (IBM) reportedly is closing its China research and development (R&D) department and moving those ...

IBM ceased its R&D operations in China, leading to over 1,000 layoffs in cities like Beijing and Shanghai. The decision was part of a strategic adjustment to better serve clients across the ...