IBM's Q2 led by software revenue
As for the outlook, IBM projected annual revenue growth in the mid-single digit range with free cash flow topping $12 billion.
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IBM open sources Granite models, integrates watsonx.governance with AWS SageMaker
IBM has open sourced its portfolio of Granite large language models under Apache 2.0 licenses on Hugging Face and GitHub, outlined a bevy of AI ecosystem partnerships and launched a series of assistants and watsonx powered tools.
SAP, IBM Consulting pair up on process transformation, genAI
The "Value Generation" partnership will focus on generative AI and industry cloud applications. SAP is trying to migrate its customer base to the cloud and S4/HANA via its RISE with SAP program.
IBM acquires HashiCorp for $6.5 billion, reports mixed Q1
IBM said it will acquire HashiCorp in a deal valued at $6.4 billion as it builds out its infrastructure and security lifecycle management tools to go along with its hybrid cloud and AI portfolio.
IBM Q4 better than expected, watsonx gains traction
IBM CEO Arvind Krishna said, "our book of business for watsonx and generative AI roughly doubled from the third to the fourth quarter."
IBM buys StreamSets, webMethods from SoftwareAG for €2.13 billion
For IBM, StreamSets and webMethods will give it more API management and data integration tools.
IBM launches latest Heron quantum processor, IBM Quantum System Two
With IBM Quantum Heron, IBM is planning to use a 5x performance boost with improved error rates to build out a fleet of systems.
IBM's Q3 led by software revenue
Arvind Krishna, CEO of IBM, said the company was seeing clients adopt its watsonx AI and data platform. That adoption is also generating consulting revenue.
IBM buys Manta, adds data lineage tools to watsonx
Manta Software customers include Bank of Montreal, T-Mobile and J.B. Hunt.
IBM, AWS expand partnership, watsonx headed to AWS Marketplace
IBM will make its watsonx.data available on Amazon Web Services on AWS Marketplace. IBM Consulting will expand its AWS partnership to train 10,000 consultants on AWS generative AI services, use cases and best practices.
IBM watsonx launches COBOL to Java generative AI coding tools
The watsonx Code Assistant for Z, which will be generally available in the fourth quarter, is aimed at its mainframe customer base that's looking to modernize its COBOL applications.
