IBM (IBM) closed at $221.93 in the latest trading session, marking a -0.64% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%.Prior to today's trading, shares of the technology and consulting company had gained 0.17% over the past month. This has lagged the Computer and Technology sector's gain of 3.28% and the S&P 500's gain of 0.34% in that time.The upc ...

Looking for an undervalued AI opportunity at the doorstep of 2025? You should take a look at this tech giant before it's too late.A skeptical market is finally starting to see International Business Machines (IBM -0.25%) as a leading name in the artificial intelligence (AI) market. As a result, IBM's stock has gained a market-beating 37% in 2024 -- or 44% if you look at total returns with reinvested dividends.Is Big Blue still a buy after this swift rise, or is the growth engine running out of rocket fuel? ...

International Business Machines Corporation (IBM) has entered a strategic partnership with Lockheed Martin, a global leader in defense technology. Lockheed Martin has opted to integrate IBM’s high-performance, enterprise-grade, cost-efficient Granite large language models to expedite AI-driven innovation in aerospace and defense applications. In the face of a rapidly changing and multifaceted global security environment, advanced AI is gaining prominence in modern military applications. The use of AI-powere ...

85% of IT decision makers surveyed reported progress in their companies' 2024 AI strategy, with 47% saying they have already achieved positive ROI Nearly half of surveyed companies are looking to open-source AI to optimize their investments in 2025 ARMONK, N.Y., Dec. 19, 2024 /PRNewswire/ -- New research commissioned by IBM (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward. IBM Stu ...

PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum computing is a revolutionary technology in computer science that utilizes the principles of quantum mechanics to process information. Unlike classical computers that use bits with a value of 0 or 1, quantum computers use qubits, which can exist in multiple states at once, enabling them to solve complex problems much faster. Quantum computing has the potential to revolutionize industries such as finance, healthcare, ...

ARMONK, N.Y., Dec. 18, 2024 /PRNewswire/ -- Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of AI-driven innovation. In a new collaboration, IBM's high-performing, enterprise-ready Granite large language models (LLMs)  will be integrated into Lockheed Martin's AI Factory tools, which are accessed by more than 10,000 Lockheed Martin developers and engineers.  Lockheed Martin's AI Factory environment acce ...

Core Insights - The report aims to position New York as a leader in artificial intelligence (AI) and outlines recommendations for responsible AI development and implementation [2][4] - The Emerging Technology Advisory Board (ETAB) was established to foster a thriving emerging technology ecosystem in New York, co-chaired by leaders from IBM and Girls Who Code [2][3] Group 1: Recommendations and Goals - The report proposes three main ambitions for New York: enabling businesses to deploy AI responsibly at scale, supporting the AI ecosystem through upskilling, and ensuring workforce readiness for the AI landscape [4] - Nine specific recommendations are provided to promote public-private partnerships and balance immediate impact with long-term scalability for responsible AI adoption [4] Group 2: Economic and Workforce Considerations - New York is well-positioned for AI advancement due to its strong economy, tech talent pool, academic institutions, and historical innovation [3] - The report highlights the need for workforce development to equip individuals with necessary skills for success in an AI-driven economy [3][4] Group 3: Collaborative Efforts - The report emphasizes the importance of collaboration among state leadership, advisory board members, private sector, and nonprofit organizations to strengthen New York's innovation hub status [5] - The collective effort aims to ensure that AI advancements benefit diverse industries and communities across New York [5]

Anchored by next-generation IBM Quantum System Two in Illinois Quantum and Microelectronics Park, new initiative will advance useful quantum applications as industries move towards quantum-centric supercomputing YORKTOWN HEIGHTS, N.Y. and CHICAGO, Dec. 12, 2024 /PRNewswire/ -- Today, IBM (NYSE: IBM) and Illinois Governor JB Pritzker announced a collaboration to establish the new National Quantum Algorithm Center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago.Anchored by IBM and other qu ...

ARMONK, N.Y., Dec. 12, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) Institute for Business Value today published its latest 'Automotive 2035' study which reveals an industry grappling with an erratic transition away from current products and business models.The study highlights that over the next decade, 80% of new cars will have a powertrain that will be electrified to some extent, according to respondents. The findings also reveal that: 74% of executives surveyed believe that by 2035 vehicles will be software ...

IBM (IBM) closed at $230.12 in the latest trading session, marking a -0.69% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.82% for the day. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq appreciated by 1.77%.The technology and consulting company's stock has climbed by 9.89% in the past month, exceeding the Computer and Technology sector's gain of 1.43% and the S&P 500's gain of 0.8%.The investment community will be closely monitoring the ...