IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings
IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as much as 17 percent in premarket trading, erasing weeks of gains that had been fuelled by bullish analyst coverage and a stock rally […]<br /> This story continues at The Next Web [...]
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IBM’s next-gen mainframe chip is the first to run Arm and Z workloads on the same cores
IBM is announcing today at the annual Hot Chips conference what may be the most consequential change to mainframe architecture in decades: a processor whose cores can natively execute both IBM's [...]
'Western Qwen': IBM wows with Granite 4 LLM launch and hybrid Mamba/Transformer architecture
IBM today announced the release of Granite 4.0, the newest generation of its homemade family of open source large language models (LLMs) designed to balance high performance with lower memory and cost [...]
IBM's open source Granite 4.0 Nano AI models are small enough to run locally directly in your browser
In an industry where model size is often seen as a proxy for intelligence, IBM is charting a different course — one that values efficiency over enormity, and accessibility over abstraction.The 114-y [...]
IBM claims 45% productivity gains with Project Bob, its multi-model IDE that orchestrates LLMs with full repository context
For many enterprises, there continue to be barriers to fully adopting and benefiting from agentic AI.IBM is betting the blocker isn't building AI agents but governing them in production.At its Te [...]
IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it
On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly $4 [...]
IBM launches Bob with multi-model routing and human checkpoints to turn AI coding into a secure production system
Bringing AI agents into the enterprise software development lifecycle is fast becoming the norm. As developers experiment with new platforms, organizations are exposed to potential security and orches [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]