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Welcome to our dedicated page for International Business Machines Corporation news (Ticker: IBM), a resource for investors and traders seeking the latest updates and insights on International Business Machines Corporation stock.

International Business Machines Corporation (IBM), known as Big Blue, is an American multinational technology leader headquartered in Armonk, New York, and operates across over 175 countries. IBM is a cornerstone in the realm of enterprise IT, offering an extensive range of products and services including software, IT services, consulting, and hardware solutions. Employing around 350,000 people and collaborating with 80,000 business partners, IBM serves approximately 5,200 clients worldwide, encompassing 95% of the Fortune 500 companies.

IBM's influence extends far beyond its B2B operations. The company oversees 90% of credit card transactions globally and is responsible for half of the world's wireless connections. This significant footprint underscores IBM's pivotal role in global business and technology.

Recent developments highlight IBM's ongoing innovation and leadership. For example, the company announced its first-quarter 2024 earnings results, showcasing strong revenue and free cash flow growth, driven by its hybrid cloud and AI strategy. The acquisition of HashiCorp is expected to bolster IBM's capabilities in managing application and infrastructure complexity, creating a robust hybrid cloud platform for the AI era.

IBM is also making notable strides in sustainability. The IBM 2023 Impact Report outlines the company's commitment to environmental and societal goals, leveraging technology like AI to address these challenges. IBM aims to achieve operational net zero GHG emissions by 2030, utilizing AI-powered tools to optimize energy consumption across its facilities.

The company is expanding its software portfolio's global availability on AWS Marketplace, making it easier for clients in 92 countries to procure and deploy IBM solutions. This expansion is part of IBM's strategy to enhance digital transformation for its clients.

IBM's dedication to innovation and sustainability is further evidenced by its partnerships with the Canadian and Quebec governments to advance semiconductor research and development, significantly boosting the region's tech sector.

Overall, IBM remains a formidable force in the tech industry, consistently pushing the envelope in AI, hybrid cloud, and sustainable practices, ensuring its clients and partners can navigate and thrive in the ever-evolving technological landscape.

News

Korea Quantum Computing and IBM Collaborate to Bring IBM watsonx and Quantum Computing to Korea

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IBM announces collaboration with Korea Quantum Computing (KQC) to offer advanced AI software, quantum computing services, and infrastructure capabilities. The partnership includes access to IBM's full stack solution for AI, watsonx platform, and next-generation quantum computing architecture. KQC plans to deploy IBM Quantum System Two on-site in Busan, South Korea by 2028. The collaboration also involves investments in infrastructure for generative AI, including advanced GPUs, IBM's Artificial Intelligence Unit (AIU), and Red Hat OpenShift for a cloud-native environment.
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The Weather Company Discusses How Weather Will Impact You in 2024

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The Weather Company, a part of IBM, is providing insights and forecasts to help people and businesses make informed decisions in the face of increasingly erratic weather conditions in 2024. The company aims to help individuals and organizations stay ahead of extreme weather events and adapt to the changing climate.
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World Economic Forum Showcases IBM SkillsBuild as a "Skills-First Lighthouse"

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IBM SkillsBuild, a free education program, was recognized by the World Economic Forum as a 'Skills-First Lighthouse' for its commitment to skill millions and bridge the digital skills gap. The program aims to skill 30 million people by 2030 and democratize economic opportunity in the digital economy. IBM SkillsBuild is part of the WEF's Reskilling Revolution and serves as an example of public-private collaboration in education and skills.
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How Indigenous Perspectives Can Guide Climate Innovation for a Just Transition: IBM Teams Up With Net Zero Atlantic in Canada

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IBM partners with Net Zero Atlantic in Canada to guide climate innovation using Indigenous perspectives. Nova Scotia's potential for clean energy transition and hydrogen development makes it a promising site. The partnership aims to leverage the region's unique advantages for sustainable energy solutions.
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IBMer and Veteran Marqueta Pomare Embodies the Spirit of National Mentoring Month Through Volunteering for IBM SkillsBuild

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In honor of National Mentoring Month, IBM's Marqueta Pomare, a Business Transformation Consultant and military veteran, volunteers for IBM SkillsBuild as a mentor to fellow veterans and underrepresented communities. Her decision to become a mentor stemmed from her personal journey transitioning from the military to a corporate role, where she felt alone and overwhelmed. The most rewarding aspect of her mentorship journey is the ability to connect with someone who shares a similar background. Volunteerism and giving are central to IBM's values and commitment to advancing social and economic inclusivity.
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Unleashing the Power of AI: University of Illinois and IBM Join Forces To Anticipate Flash Floods

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IBM and NASA are collaborating to develop AI models to mitigate the impact of weather-related disasters. The foundational models are designed to learn from a broad dataset, making them more versatile for various tasks. One of the projects includes a partnership with the University of Illinois to anticipate heavy rainfall and flash floods in the Appalachian Mountains.
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IBM Unveils AI Stories with watsonx to Enhance the Digital Fan Experience for 66th Annual GRAMMY Awards®

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IBM introduces AI Stories with IBM watsonx, an AI-powered solution co-created with the Recording Academy to generate and scale editorial content around GRAMMY nominees before and during the 66th Annual GRAMMY Awards. The solution aims to expand coverage of GRAMMY-nominated artists, create a more personalized digital experience for music fans, and introduce them to new artists. The content will appear across GRAMMY digital platforms and be available during GRAMMY livestream events. IBM's long-standing partnership with the Recording Academy has resulted in AI Stories with watsonx, showcasing the power of AI in driving productivity gains in various use cases.
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IBM RELEASES FOURTH-QUARTER RESULTS

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IBM (NYSE: IBM) reported strong revenue growth in all segments and significant margin expansion in the fourth quarter of 2023. The company's hybrid cloud and AI offerings continue to drive revenue growth, with a notable increase in client demand for AI. IBM's watsonx and generative AI book of business doubled from the third to the fourth quarter. The company met its revenue expectations for the year and exceeded its free cash flow objective. IBM anticipates revenue performance in line with its mid-single digit model for 2024.
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Sevilla FC Transforms the Player Recruitment Process with the Power of IBM watsonx Generative AI

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Sevilla FC partners with IBM to introduce Scout Advisor, an AI tool built on watsonx platform, to enhance player recruitment process. The tool leverages natural language processing and data analysis to provide comprehensive player evaluation, bridging the gap between traditional scouting and data-driven identification. It aims to unlock the full potential of Sevilla FC's extensive player database, creating new competitive advantages.
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How One IBMer Is Creating a More Sustainable Future for the Island Where He Grew Up

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IBM's Sustainability Accelerator program aims to address the energy challenges faced by Miyakojima City in Japan through clean energy projects. IBMer Takahito Motonaga, a native of the city, is leading the initiative to create a more sustainable future for his community, which is prone to intense typhoons and relies on external energy sources. The IBM volunteers donate their time, energy, and expertise to help create lasting impact in communities around the world.
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FAQ

What is the current stock price of International Business Machines Corporation (IBM)?

The current stock price of International Business Machines Corporation (IBM) is $204.99 as of November 15, 2024.

What is the market cap of International Business Machines Corporation (IBM)?

The market cap of International Business Machines Corporation (IBM) is approximately 189.9B.

What is IBM known for?

IBM is known for its wide range of technology services, including software, IT services, consulting, and hardware. It plays a major role in managing global credit card transactions and wireless connections.

Where is IBM headquartered?

IBM is headquartered in Armonk, New York, United States.

What are some recent achievements of IBM?

Recent achievements include strong financial results in Q1 2024, the acquisition of HashiCorp to enhance its hybrid cloud platform, and significant progress in sustainability initiatives as outlined in the IBM 2023 Impact Report.

What is the scope of IBM's global operations?

IBM operates in over 175 countries, employs approximately 350,000 people, and collaborates with 80,000 business partners to serve around 5,200 clients, including 95% of Fortune 500 companies.

What sustainability goals has IBM set?

IBM aims to achieve operational net zero GHG emissions by 2030, leveraging AI-powered tools to optimize energy consumption and drive environmental sustainability.

How is IBM contributing to semiconductor advancements?

IBM is investing in semiconductor research and development in collaboration with the Canadian and Quebec governments, enhancing the region's semiconductor industry and capabilities.

How is IBM expanding its software availability?

IBM is expanding its software portfolio's availability to 92 countries on AWS Marketplace, streamlining procurement and deployment for clients globally.

What role does AI play in IBM's strategy?

AI is central to IBM's strategy, with significant investments in AI tools and solutions, such as the watsonx AI platform, to drive innovation and digital transformation for clients.

What is IBM's contribution to global financial transactions?

IBM manages 90% of all credit card transactions globally, playing a crucial role in the financial sector's infrastructure.

What recent strategic acquisition has IBM announced?

IBM has announced its intent to acquire HashiCorp, Inc., aiming to create a comprehensive end-to-end hybrid cloud platform for the AI era.

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International Business Machines Corporation

NYSE:IBM

IBM Rankings

#58 Ranked by Market Cap
#951 Ranked by Dividends

IBM Stock Data

189.93B
918.60M
0.12%
61.77%
2.56%
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