IBM revenue misses, but execs say AI will drive future growth
The revenue miss sent IBM shares down over 3% in extended hours trading. Executives put a positive face on the numbers, saying the software business, which now constitutes 45% of overall revenue, grew 10% from a year earlier, to $6.5 billion, ahead of the $6.4 billion analysts had predicted.
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
International Business Machines posted higher revenue in the third quarter as demand for artificial intelligence offset a shaky consulting environment. The tech company's generative AI book of ...
As major tech companies like Google and IBM develop new AI tools, they’re also pouring money into programs designed to teach ...
The watsonx Code Assistant uses the newly announced Granite 3.0 models to provide general-purpose coding assistance across ...
IBM — International Business Machines Corporation — (IBM) stock has surged in 2024, outpacing the rest of the market and ...
IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to ...
In this context, IBM appears downright cheap with a deep discount next to the group of "Magnificent Seven" stocks like Amazon ...
IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to ...
International Business Machines Corp (NYSE:IBM) showcased its latest advancement in artificial intelligence with the release ...
The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.
Research Triangle Park team leads next-generation AI model development. IBM's Red Hat acquisition catalyzed open-source AI ...
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