International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Analysts Are Watching Closely. On December 10, Bernstein SocGen Group reiterated its Market Perform rating on the stock ...

IBM has announced on Monday, 8 December that it will acquire Confluent in a $11 billion deal, aiming to expand its footprint in Artificial Intelligence footprint, the tech giant said in a press ...

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

IBM has agreed to acquire cloud-native enterprise data streaming platform Confluent in a move designed to expand its portfolio of tools for building AI applications The company said Monday in a ...

Rogers Park’s century-old movie house is getting another shot at the spotlight under a new out-of-state operator. Michigan-based exhibitor Jordan Stancil has agreed to lease the former New 400 ...

International Business Machines is continuing its quantum-computing blitz, this time with a new Cisco Systems partnership. The two technology stalwarts announced on Thursday that they plan to ...

If you work at Costco or happen to have walked by one of their computers and wondered if you've traveled back in time, you're not alone. It's not only a phenomenon at Costco, as Home Depot and many ...

Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. As OpenAI, Google, and other tech giants chase ever-larger ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...

The big picture: The layoff plan underscores how aggressively Big Blue is betting on automation, consulting, and quantum computing to define its next decade. It also marks the latest step in IBM's ...