Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services business. IBM responded by stressing the resilience, security and integration ...
(Reuters) -IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the ...
IBM has signed an OEM agreement with Cockroach Labs – maker of the distributed PostgreSQL-like cloud RDBMS CockroachDB – in a bid to help modernize mission-critical applications reliant on mainframe ...
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at ...
The launch of the AI-focused z17 mainframe earlier this year has been a major success. Infrastructure is expected to drive 1.5 percentage points of revenue growth in 2025 for IBM. IBM boosted its ...
Mainframe computing is having a moment — again. Nearly 60 years after the first IBM System/360 debuted as a mainframe platform, it continues to evolve in ways that defy expectations, powering critical ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core mainframe business. This AI advancement could compress years-long, costly ...
IBM shares fall 5% in extended trading after a ~30% rise this year Software sales miss market estimates in Q2 on transaction processing weakness Consulting sales rise but management cautious about ...
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