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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

IBM Advances Geospatial AI to Address Climate Challenges

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IBM (NYSE: IBM) collaborates with Mohamed Bin Zayed University of Artificial Intelligence, Government of Kenya, and the United Kingdom's Science and Technology Facilities Council (STFC) Hartree Centre to apply geospatial AI technologies to climate efforts. IBM and NASA are creating a new AI foundation model for weather and climate.
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Creating a Sustainable Future With the Experts of Today and Tomorrow

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IBM (IBM) launches free training program on IBM SkillsBuild to equip workforce with green and technology skills, addressing the growing skills gap in sustainability and technology. The program aims to prepare the experts of tomorrow with the right tools and technology to accelerate action towards a greener future. According to new Morning Consult research commissioned by IBM, 71% of business leaders anticipate their business will emphasize sustainability skills criteria in their hiring in the next two years, with 92% expecting to invest in sustainability training in the next year. IBM's initial curriculum offerings include three courses: Sustainability and Technology Fundamentals, Data Analytics for Sustainability, and Enterprise Thinking for Sustainability.
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IBM Collaborates with AWS to Launch a New Cloud Database Offering, Enabling Customers to Optimize Data Management for AI Workloads

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IBM (NYSE: IBM) collaborates with AWS to launch Amazon RDS for Db2, a cloud database offering to optimize data management for AI workloads
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IBM Furthers Commitment to Climate Action Through New Sustainability Projects and Free Training in Green and Technology Skills for Vulnerable Communities

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IBM (NYSE: IBM) announces new sustainability projects and training initiatives to address climate change and empower future leaders in technology and sustainability. The company is collaborating with various global universities and organizations to develop water management solutions and offer free sustainability skills courses through IBM SkillsBuild.
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IBM Unveils watsonx.governance to Help Businesses & Governments Govern and Build Trust in Generative AI

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IBM (NYSE:IBM) announced the upcoming general availability of watsonx.governance in early December. This tool aims to help businesses manage AI models, detect and mitigate risks, and ensure compliance with future AI-focused regulations. It provides a 'nutrition label' for AI, allowing organizations to proactively monitor fairness, bias, drift, and new LLM metrics, and govern AI models from IBM, open source communities, and other providers.
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What Tech Type are You? IBM SkillsBuild Helps Learners Find their Path

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IBM (International Business Machines Corporation) introduces a personalized tech skills assessment quiz to help individuals identify their unique fit for tech skills based on strengths and interests, with a focus on artificial intelligence (AI) and career enhancement. The quiz, taking less than 5 minutes, offers learning recommendations for IBM SkillsBuild, potentially opening new tech career opportunities.
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New IBM Study Explores the Changing Role of Leadership as Businesses in Europe Embrace Generative AI

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IBM (NYSE: IBM) launches new European study of 1600+ senior leaders and C-level executives to explore leadership in the age of AI. 82% have deployed or intend to deploy generative AI in the next year. 96% prioritize governance and ethics. Data security and privacy are key challenges. Ana Paula Assis, Chair and General Manager EMEA, IBM, emphasizes the need for trusted leadership and effective, responsible AI governance.
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IBM Launches $500 Million Enterprise AI Venture Fund

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IBM launches a $500 million venture fund to invest in AI startups, aiming to accelerate generative AI technology and research for the enterprise. The fund will provide startups with opportunities to develop partnerships with IBM and gain expertise in product development and go-to-market strategies.
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IBM Unveils Cloud-Native SIEM Built to Maximize Security Teams' Time and Talent

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IBM announces a major evolution of its QRadar SIEM product, redesigned on a new cloud-native architecture, with plans to deliver generative AI capabilities within its threat detection and response portfolio. The new cloud-native QRadar SIEM is designed to empower security analysts to work more effectively alongside AI, reducing manual tasks and improving response to high priority security incidents. It will be generally available as SaaS in Q4 2023 and for on-premises and multi-cloud deployment in 2024.
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Riyadh Air and IBM Sign Collaboration Agreement to Establish Technology Foundation of the Digitally Led Airline

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Riyadh Air has signed a strategic agreement with IBM Consulting to create and build technology and business capabilities for the airline's first flight. IBM Consulting will be the lead systems integrator, implementing over 50 airline industry solutions and core technology capabilities. The collaboration aims to position Riyadh Air as a leader in digital innovations and exceptional travel experiences.
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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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