IBM beats profit estimates
IBM beats profit estimates as AI shift boosts software performance, shares surge
BENGALURU - IBM surpassed fourth-quarter profit estimates on Jan 29, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company’s shares soaring about 10 per cent in extended trading.
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes.
As AI sweeps through Davos, IBM’s chief marketing and communications officer reveals why so little corporate data is used for ...
The partnership aims to redefine cosmetic formulation, boosting sustainability and efficiency with AI-driven insights.
and using data in a big way, and it’s driving business value,” says Richard Maraschi, global leader of advanced analytics at IBM. In that role, Maraschi is helping the studios leverage the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback