The IBM 7090 Mainframe, a groundbreaking machine from the late 1950s, is up for grabs, with bidding expected to reach between $40,000 and $60,000. In the 1950s, acquiring a brand-new IBM 7090 was ...

While International Business Machines (NYSE: IBM) now derives most of its revenue from software and consulting, the decades-old mainframe business is still an important part of the century-old ...

IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...

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 ...

IBM's mainframes are still essential for critical applications across sectors. IBM India significantly contributes to modernizing these systems and developing innovations like the Telum processor.

AI requires quality data and more often than not, the most important enterprise data lives in mainframes, experts said.

IBM is outfitting the next generation of its Z and LinuxONE mainframes with its latest Telum processor and a new accelerator aimed at boosting performance of AI and other data-intensive workloads.

IBM Corp. today revealed the specifications of its upcoming Telum II Processor, which is set to power the next generation of its iconic mainframe systems and boost their relevance in the ...

The corporation, naturally, prioritizes selling its own hardware, which is why both chips are exclusively compatible with IBM z16 mainframe computers. Telum II is the latest iteration of the Telum ...

Detailed price information for International Business Machines (IBM-N) from The Globe and Mail including charting and trades.

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 ...