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 disclosed details on its Nighthawk and Loon quantum processors. The company expects quantum advantage next year and fault-tolerance by 2029. IBM also demonstrated ...
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, ...
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 ...
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 stated earlier this week that it will conduct layoffs in the current quarter. The cuts will impact “a low single-digit percentage” of IBM’s 270,000-person global workforce. IBM is making cuts as ...
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 ...
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 ...
Global tech tycoon IBM is stepping deeper into the digital asset space with the launch of IBM Digital Asset Haven. IBM announced a platform designed to help financial institutions, governments, and ...
A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM. Technology giant IBM launched a ...