#ibm

#ibm

IBM announces the IBM z17 mainframe, emphasizing AI capabilities and performance improvements.

RHEL AI simplifies enterprise AI model development and deployment in hybrid cloud environments.

watsonx Code Assistant utilizes Granite 3.0 models for general-purpose coding assistance, enhancing developer productivity across multiple programming languages.

IBM's acquisition of Hakkoda enhances its consultancy capabilities in AI and data services, targeting key industries.

IBM is leading in open-source AI with the release of Granite AI 3.0 models, emphasizing business applications despite common industry hesitation.

IBM is focusing on facilitating enterprise AI deployment at its annual THINK conference.

Arvind Krishna hailed Claude Shannon as a pivotal figure in the evolution of modern computing and AI development during his acceptance speech.

IBM aims to integrate automation with AI management, creating a seamless orchestration of AI agents across different platforms.

IBM is reportedly laying off thousands, with significant impacts on its Cloud Classic division.

Reports suggest a strategic workforce reduction, potentially affecting around 9,000 employees across multiple locations.

Layoffs appear to be part of ongoing 'Resource Actions' and incentive-driven attrition.

IBM is mandating US sales staff to return to the office for three days a week, leading to concerns of stealth layoffs among older employees.

Quantum computing technology is rapidly evolving and is nearing commercial viability.

Germany's hosting of IBM's quantum data centre signifies a major step towards European technological sovereignty in quantum tech.

Adjusting qubit frequency and rewriting control software have significantly improved IBM's quantum computing efficiency, reducing calculation time and associated errors.

IBM's Guardium Data Security Center offers a comprehensive approach to data security for hybrid cloud infrastructures and AI environments.

The Qiskit Functions Catalog simplifies programming for quantum computers for domain experts without deep quantum knowledge.

IBM is planning significant layoffs, particularly in its Classic Cloud IaaS portfolio, potentially affecting thousands of employees.

Legacy product teams within IBM are also facing cuts as part of resource adjustments.

Kyndryl has been laying off employees as it struggles with contract acquisitions, reflecting broader issues following its separation from IBM.

The Supreme Court's decision reinforces the Fifth Circuit's ruling, which nullified a billion-dollar judgment against IBM.

IBM CEO Arvind Krishna's total compensation increased by 23.1% in 2024 to over $25 million, driven by positive company performance.

Kyndryl anticipates revenue decline of 2-4% in fiscal 2025.

Skepticism exists about the company's ability to secure new contracts.

Former employees indicate issues with attrition and lack of new business.

IBM is anticipating cost savings, which may lead to further workforce reductions.

IBM successfully claimed $45 million from Zynga for patent infringement regarding online advertising technology.

The jury found Zynga infringed on significant IBM patents rooted in early internet innovations.

Zynga faces $44.9 million in damages for infringing IBM patents, predominantly related to advertising methods from 1993.

Zynga must pay $44.9 million to IBM for infringing patents related to mobile games.