Aramco and IBM announced a planned collaboration to advance artificial intelligence, automation, and material science in the industrial sector. This partnership leverages IBM's technology and consulting expertise with Aramco's industrial scale and energy knowledge to develop practical AI solutions for mission-critical environments. The collaboration aims to enhance operational excellence and innovation, especially in safety and reliability, building on a long-standing relationship since 1947. The agreement is subject to final approvals and marks a significant step in industrial AI development in Saudi Arabia.
Apptio, an IBM company, introduced Conversational Insights, an AI-driven tool that lets users ask plain-language questions to get data-backed insights on technology spending and value. This update enhances Apptio's Financial Intelligence Layer, helpi...
IBM has been upgraded from Hold to Buy due to improved business momentum and a more appealing valuation, with its forward price-to-earnings ratio contracting to around 22 times. The company has reported six consecutive quarters of beating both revenu...
IBM is set to receive half of the US government's $2 billion quantum computing grant, amounting to $1 billion in cash-for-equity funding. This support strengthens IBM's leadership in quantum computing and underpins its growth strategy, which includes...
