IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...

There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...

IBM has released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...

IBM has introduced two different quantum chips that it believes could help demonstrate "quantum advantage," or the ability for a quantum computer to solve a problem faster than a classical computer, ...

IBM announced new processors that it said will help it build a 'fault-tolerant quantum computer' by the end of the decade IBM's quantum lab in Albany, N.Y,. International Business Machines unveiled ...

SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ...

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 ...

Layoffs at International Business Machines Corp. (NYSE: IBM) will not help it lead in artificial intelligence. IBM has a history of letting opportunities to lead pass it by, and now it is no longer ...

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 Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI Your email has been sent IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s ...