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IBM stock drops 27% amid AI threat to core business
Stock faces steep drop: IBM shares tumbled 27% in six months, underperforming Microsoft and Amazon, as AI advances threaten its mainframe and COBOL modernization business. AI rivals disrupt moat: ...
IBM is suing LzLabs, saying the company's "software defined mainframe" (SDM) violates IBM’s mainframe patents. In a legal action filed in Waco Texas, IBM claims that LzLabs' systems, which offer to ...
IBM (IBM) is out with its newest mainframe called z15 and corporate America played a part in its creation. For the last four years, the computer giant worked with people from more than 100 companies, ...
IBM on Thursday will unveil a new hybrid mainframe design that aims to cut data center sprawl and be a bridge to other systems. All of the hardware giants---IBM, HP, Cisco, Dell and Oracle---are ...
For two decades, people in tech circles have been saying that the mainframe is on its way out, or that it's dead altogether. Funny thing about that -- someone forgot to tell IBM. Just look at IBM's ...
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