AWS is negotiating a potential $475 million AI cloud deal with IBM. IBM already uses AWS services for AI, including training models on EC2 servers with Nvidia chips.
Business leaders see the benefits of investing in IT for sustainability, with 88% planning to increase investments in IT for sustainability over the next 12 months 90% of executives surveyed believe AI will positively influence sustainability goals — yet more than half of organizations aren't leveraging AI for sustainability Significant perception gap between top execs and their staff on sustai...
Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest Differentiators NEW YORK , Nov. 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) released a new report called AI in Action that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of IBM by Harris Poll, of 2,000 companies across the ...
SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services. This strategic move reinforces Fresche's commitment to customers, partners, and organizations invested in IBM mid-range solutions and expands it...
When IBM reported their Q3 '24 financial results, it had a nice run into the earnings release, trading above its previous April 2013 all-time high of $213-215 per share. While IBM's 2024 EPS estimates were revised higher after the 10/23 earnings report, the negative revisions for 2025 and 2026 were not good to see. IBM's software unit had solid results for Q3 '24, with revenue of +9.5% in the q...
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