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.
International Business Machines Corp. says it’s seeing traction in artificial intelligence — but investors appear to be left ...
Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...
IBM AI announcements at TechXchange 2024 include Watsonx upgrades, Granite 3.0 models unveiled, Consulting Advantage ...
"Granite 3.0" models will be made open-source, similar to other versions in IBM's Granite family of AI models. This approach ...
Research Triangle Park team leads next-generation AI model development. IBM's Red Hat acquisition catalyzed open-source AI ...
The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.
IBM is rolling out new AI models, which it claims outperforms other popular large language models (LLMs).View on euronews ...
The watsonx Code Assistant uses the newly announced Granite 3.0 models to provide general-purpose coding assistance across ...
IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to ...
IBM (IBM) shares are under pressure after releasing mixed third quarter results showing artificial intelligence (AI) and ...
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