DUBAI, UAE, Jan. 22, 2025 /PRNewswire/ -- e&, a global technology group, has collaborated with IBM (NYSE: IBM) to deploy a pioneering, end-to-end, multi-model Artificial Intelligence (AI) and Generative AI governance solution. Announced today at the World Economic Forum 2025 in Davos, this collaboration intends to enhance e&'s AI governance framework to promote compliance, oversight, and ethical practices across its growing AI ecosystem, reinforcing e&'s commitment to establishing robust governance, risk ma ...

When you think about cutting-edge artificial intelligence (AI) companies, generous dividend payments probably aren't on your radar. AI is a booming and fast-evolving industry, requiring massive investments to keep pace with the competition.With International Business Machines (IBM -0.24%), investors can have their cake and eat it, too. IBM isn't trying to develop the most advanced AI models, which can cost an arm and a leg to train on pricey data center graphics processing units (GPUs). The company also isn ...

In the latest market close, IBM (IBM) reached $224.26, with a -0.24% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.88%. Elsewhere, the Dow gained 1.24%, while the tech-heavy Nasdaq added 0.65%.Shares of the technology and consulting company witnessed a gain of 1.29% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.37% and the S&P 500's gain of 1.17%.The upcoming earnings release of IBM will be of great interest ...

IBM IBM is scheduled to host its Investor Day on Feb. 4.The event is likely to be "a positive catalyst for the stock," according to Goldman Sachs.The IBM Analyst: Analyst James Schneider maintained a Buy rating and price target of $250.The IBM Thesis: Management is likely to announce its medium-term (2025 to 2027) target reflecting mid-single digit revenue growth, broadly in-line with Street estimates, Schneider said in the note.Check out other analyst stock ratings."We expect free cash flow to grow in the ...

International Business Machines Corporation (IBM) recently announced that L'Oreal has opted to deploy its state-of-the-art generative artificial intelligence (AI) technology solutions to enhance its cosmetic formulation processes. By combining its deep expertise in cosmetic science with IBM's advanced technology, the world’s leading beauty company is set to develop a custom AI foundation model to uncover new insights that will drive the development of more sustainable beauty products while reducing material ...

International Business Machines Corporation (IBM) has inked an agreement to acquire Applications Software Technology (“AST”) LLC, a global Oracle consultancy firm.  The transaction builds on IBM's previous acquisition of Accelalpha in 2024, further enhancing its capabilities to assist clients in deploying, managing and maximizing the value of Oracle cloud solutions. The transaction, subject to customary closing conditions and certain regulatory approvals, is expected to close in the first quarter of 2025.IB ...

Applications Software Technology's deep US and UK public sector skills support clients' Oracle Cloud Application transformations ARMONK, N.Y., Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today announced its intent to acquire Applications Software Technology LLC1, a global Oracle consultancy. Applications Software Technology brings deep expertise driving business transformations with Oracle Cloud Applications, including for clients in the public sector such as local government and K-12 education. Public se ...

PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and L'Oréal, the world's leading beauty company, announced a collaboration to leverage IBM's generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L'Oréal's use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the ability of L'Oréal Research & ...

ARMONK, N.Y., Jan. 15, 2025 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its fourth-quarter 2024 financial results on Wednesday, January 29, 2025 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor.  Please also visit the investor website for the earnings press release prior to the webcast. A replay, associated charts and prepared remarks will be available after the event. Contact:Timothy Davidson[email protected]914-844-7847 S ...

International Business Machines Corporation (IBM) recently joined forces with Walmart’s white-label delivery service, Walmart GoLocal, to simplify the operational workflow for retailers.  Walmart GoLocal provides a wide array of delivery options such as same-day, next-day, multi-day, scheduled, batched deliveries and more. By incorporating Walmart GoLocal into its order management system, IBM is aiming to offer its retailers and clients seamless access to last-mile delivery solutions.Last-mile delivery is o ...