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 ...

Dec 28 (Reuters) - Louis Gerstner, the former CEO and chairman of IBM (IBM.N), opens new tab, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent ...

IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...

IBM said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluent will strengthen IBM's artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the ...

IBM (IBM) shares are up 40% in 2025 but retail sentiment remains neutral at 48 out of 100. IBM’s CEO warned that building 100 gigawatts of AI data centers could require $8T in capital expenditure. IBM ...

At the center of IBM’s announcement is the IBM Quantum Nighthawk, a next-generation 120-qubit processor featuring 218 tunable couplers—20% more than its predecessor, the IBM Quantum Heron. The ...

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 ...

The big picture: The layoff plan underscores how aggressively Big Blue is betting on automation, consulting, and quantum computing to define its next decade. It also marks the latest step in IBM's ...

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 ...

International Business Machines IBM-0.25%decrease; red down pointing triangle is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in ...

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...