IBM companions with OpenAI to bolster enterprise AI push

IBM on Thursday introduced its partnership with OpenAI to carry the AI firm’s fashions and instruments to extra enterprise clients, opening one other avenue for OpenAI to attach with a number of the world’s largest firms by means of IBM’s international consulting enterprise as competitors for company AI spending intensifies. The deal, phrases of which…

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After surprising quarter, IBM insists that AI is not killing the mainframe

After surprising quarter, IBM insists that AI is not killing the mainframe

On Wednesday, IBM formally reported earnings and the information was as unhealthy as everybody knew it could be. Whereas the 115-year-old firm nonetheless generates boatloads of money — $17.2 billion in income, $9.9 billion in gross revenue, practically 58% margins, and $2.2 billion in web earnings for the quarter — its outcomes fell nicely in…

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