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 and involves 20,000 engineers. Separately, IBM plans to invest $10 billion over five years to advance quantum computing, targeting its first fault-tolerant quantum computer by 2029. This move aligns with growing AI and security demands and follows recent US government support for quantum innovation.
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....
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 an...
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...
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...
The Defiance Quantum Computing ETF (QTUM) has surpassed $5 billion in assets, coinciding with the US government's announcement of a historic $2 billion investment in quantum computing companies. This federal funding initiative includes major awards t...
