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Cloud Stocks: Big Blue Climbs to 10-Year High on AI Potential - Vimarsana News

Cloud Stocks: Big Blue Climbs to 10-Year High on AI Potential

IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session. IBM's Financials Revenues for the quarter grew 4% to $17.4 billion, surpassing Street's estimates of $17.3 billion. Adjusted earnings of $3.87 per share were significantly ahead of the analyst estimates of $3.79. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 3% to $7.5 billion, falling short of the market's forecast of $7.67 billion. Revenue from Consulting including Busin...

IBM aims to boost AI offerings with $2.3B acquisition - Vimarsana News

IBM aims to boost AI offerings with $2.3B acquisition

IBM announced on Monday its plans to buy Software AG's StreamSets and webMethods platforms for $2.3 billion cash in a move aimed at bolstering the tech…

Source: biztoc.com
IBM aims to boost AI offerings with $2.3 billion acquisition - Vimarsana News

IBM aims to boost AI offerings with $2.3 billion acquisition

Tech giant IBM bolstering its investments in artificial intelligence, announcing Monday it plans to buy two units of Software AG for $2.33 billion cash.

5 things about AI you may have missed today: India preparing AI regulations, IBM's AI acquisition, more - Vimarsana News

5 things about AI you may have missed today: India preparing AI regulations, IBM's AI acquisition, more

AI Roundup: The Government of India has begun preparing regulations for AI. IBM has announced plans to buy AI platforms worth 2.3 billion dollars to bolster its AI offerings.

IBM aims to boost AI offerings with $2.3B acquisition - Vimarsana News

IBM aims to boost AI offerings with $2.3B acquisition

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Source: biztoc.com