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Latest news, explainers and analysis on Ibm. Tracking 5 stories on Arth Vani.
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Circle Acquires Nearly 1,000 IBM Blockchain Patents to Enhance Stablecoin Tech
Stablecoin issuer Circle Internet Finance has announced the acquisition of close to 1,000 blockchain-related patents from tech giant IBM. This strategic move aims to bolster Circle's technological foundation and competitive edge in the evolving digital currency landscape, particularly for its USDC stablecoin.
IBM CEO Defends AI Strategy Amid Earnings Miss and 'Historic Stock Plunge'
IBM's CEO has publicly addressed an earnings shortfall that led to a significant drop in the company's stock value. Despite the 'historic stock plunge,' the CEO firmly stated that IBM's artificial intelligence (AI) strategy remains the correct path forward for the tech giant.
IBM Prioritises AI for Productivity Amidst Revised Annual Forecast
Global technology giant IBM has lowered its full-year financial forecast following an earnings warning. In response, the company is intensifying its focus on artificial intelligence (AI) to enhance productivity, including the introduction of a new AI-powered coding tool named 'Bob'.
Oppenheimer Lowers IBM Stock Rating After Post-Earnings Drop
Financial firm Oppenheimer has downgraded shares of technology giant IBM following a recent sharp decline in the stock price after its earnings announcement. This move signals a less optimistic outlook from the analyst firm.
IBM Warns AI Spending is Eating Into Software Budgets; Tech Stocks Face Sell-Off
IBM shares witnessed a sharp decline after the company cautioned that enterprises are diverting funds toward Artificial Intelligence (AI) projects, leading to a squeeze in traditional software budgets. This trend highlights a shift in global tech spending that could impact Indian IT investors and retail portfolios.
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