IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s new NYC-based AI accelerator, which […]
IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC Read More »
Like many leaders in tech, Arvind Krishna, the CEO of IBM, thinks federal R&D funding for AI and related technologies should be increased — not the other way around. “We have been an extremely strong advocate — and this is both the company and me personally — on that federally funded R&D should be increased,”
IBM CEO urges the Trump Administration to increase — not cut — federal AI R&D funding Read More »
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday.
IBM pledges to spend $150B in the US over the next few years Read More »
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent
IBM affected by DOGE cuts, downplays impact during Q1 earnings call Read More »
IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than
IBM releases a new mainframe built for the age of AI Read More »
IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business,
IBM acquires Hakkoda to continue its AI consultancy investment push Read More »
IBM CEO Arvind Krishna says that, despite the Trump Administration’s attacks on globalism, global trade isn’t dead. In fact, he thinks that the U.S.’s key to growth will be embracing an international exchange of goods. “So, I actually am a firm believer — I think it goes all the way back to the economists who
IBM’s CEO doesn’t think AI will replace programmers anytime soon Read More »
IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. Today’s announcement comes 10 months after IBM announced plans to pay $6.4 billion for HashiCorp, an enterprise software company best known for Terraform, an “infrastructure as code” tool for provisioning and managing infrastructure across clouds.
IBM closes $6.4B HashiCorp acquisition Read More »
The U.K.’s antitrust authority has given the go-ahead to IBM’s planned multibillion acquisition of infrastructure software company HashiCorp. In a brief case update published today, the Competition and Markets Authority (CMA) said it had “cleared the anticipated acquisition by IBM of HashiCorp,” and it would publish the full rationale for its decision in due course.
IBM’s $6.4B HashiCorp acquisition cleared by UK Read More »
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to
UK antitrust watchdog launches review of IBM’s HashiCorp takeover Read More »
