(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...

AI has threatened jobs across industries, and job growth has stalled nationwide in recent months because of it. While Gen Z, those who were born between 1997 and 2012, has struggled to find their ...

IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...

As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...

For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...

IBM has unveiled GRAMMY IQ, a new fan engagement platform built with IBM watsonx that brings artificial intelligence directly into the Grammys digital ecosystem. As the Official AI and Cloud Partner ...

An IBM z16 server. The computers use artificial intelligence chip technology developed at NY Create’s Albany NanoTech complex on Fuller Road. Across the street at the University at Albany, IBM is ...