Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

IBM and Red Hat invest $5B in cybersecurity to fix open-source software flaws triggered by Anthropic's Mythos.

Market News
28 May 2026
CNBC
View Source
Bullish
pluang ai news

IBM and Red Hat announced a $5 billion investment in a new cybersecurity initiative called Project Lightwell to address vulnerabilities in open-source software, sparked by the launch of Anthropic's Mythos model. Major U.S. banks like Goldman Sachs and JPMorgan are early adopters, using advanced tools to identify and patch security gaps. IBM CEO Arvind Krishna emphasized the importance of protecting open-source ecosystems and collaborating with cybersecurity firms to enhance software security. This move highlights growing concerns over AI-driven cyber threats and the need for stronger software defenses.

More News (IBM)

Five quantum stocks poised to benefit from $2B US government incentives and strong revenue growth.

Five quantum stocks poised to benefit from $2B US government incentives and strong revenue growth.

Following President Trump's announcement of $2.013 billion in federal incentives for quantum companies, five stocks stand out: IBM, GlobalFoundries, IonQ, Rigetti Computing, and Quantinuum. These companies benefit from government funding, strong reve...

Market News
Bullish
16 hours ago
Idea Grove releases 2026 Trust Signals® rankings spotlighting top B2B tech and industrial brands to watch.

Idea Grove releases 2026 Trust Signals® rankings spotlighting top B2B tech and industrial brands to watch.

Idea Grove, a Dallas-based B2B PR and AI visibility agency, published its 2026 Trust Signals® B2B Brand Rankings, highlighting top companies across 16 technology and industrial sectors such as cybersecurity, fintech, AI automation, and manufacturing....

Others
Bullish
1 day ago
IBM shares rise 3% on $15B investment in cybersecurity and quantum computing

IBM shares rise 3% on $15B investment in cybersecurity and quantum computing

IBM announced a $15 billion investment plan focusing on cybersecurity and quantum computing, boosting its shares by over 3% to around $264. The $5 billion cybersecurity initiative, Project Lightwell, aims to secure open-source software using AI tools...

Market News
Bullish
1 day ago
IBM and Red Hat launch $5B Project Lightwell to secure open source software with AI and 20,000 engineers.

IBM and Red Hat launch $5B Project Lightwell to secure open source software with AI and 20,000 engineers.

IBM and Red Hat announced Project Lightwell, a $5 billion initiative combining AI and a global team of 20,000 engineers to secure open source software used by enterprises. The project creates a trusted clearinghouse that identifies and fixes vulnerab...

Market News
Bullish
2 days ago
IBM raised price target to $280 after strong Q1 with 10% revenue growth and record free cash flow.

IBM raised price target to $280 after strong Q1 with 10% revenue growth and record free cash flow.

IBM is reaffirmed as a "Buy" with an increased price target of $280 following strong Q1 results, including 10% revenue growth, 19% EPS increase, and record free cash flow margins. Management maintains FY 2026 guidance of over 5% revenue growth and ab...

Analyst Insights
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App