JA Worldwide and IBM have expanded their global partnership to deliver AI and digital skills training to up to one million high-school students worldwide by the end of 2028. The initiative, leveraging IBM's free SkillsBuild program and JA's global network, will provide courses in AI, professional skills, and career readiness across more than two dozen countries. The program starts by reaching 185,000 students in its first phase, with plans to grow to 600,000 in 2027. This collaboration also includes mentorship opportunities with IBM employees, aiming to prepare youth for the future workforce in an AI-driven economy.
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
Energy prices cooled in June, easing inflation pressures despite ongoing tensions between the U.S. and Iran near the Strait of Hormuz. Morgan Stanley reported record quarterly revenue and profit, boosted by a surge in equities trading fueled by the A...
IBM reported earnings and revenue below expectations due to enterprises reducing spending on traditional IT systems to invest in their own AI infrastructure. This shift indicates companies prefer developing on-premises AI solutions with cheaper open-...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
IBM introduced Power Autonomous Operations, an AI agent that autonomously monitors and resolves issues in Power systems up to 15 times faster than manual methods, enhancing system uptime and efficiency. Alongside, IBM launched the Power S1112, a comp...
