Tag: IBM

IBM initiates $500m Enterprise AI venture fund to boost Generative AI startups

businessnewstoday- November 8, 2023

IBM has declared the creation of a $500 million venture fund dedicated to bolstering a spectrum of AI companies, from nascent startups to those in ... Read More

Riyadh Air partners with IBM Consulting to pioneer digital travel experiences

businessnewstoday- November 7, 2023

Riyadh Air has signed an agreement with IBM Consulting, appointing them as the lead systems integrator in building a robust technological infrastructure aimed at delivering ... Read More

UK researchers to tap into IBM Quantum systems via NQCC collaboration

businessnewstoday- November 4, 2023

The National Quantum Computing Centre (NQCC) has entered into a pivotal agreement with IBM, granting UK researchers cloud access to IBM Quantum’s Premium Plan and ... Read More

IBM reveals Q3 2023 earnings: Software and consulting sectors shine

businessnewstoday- October 27, 2023

In its latest financial disclosure, IBM (NYSE: IBM) unveiled its third-quarter earnings for 2023 with the technology giant reporting a revenue of $14.8 billion, marking ... Read More

IBM partners with Indian Bank for digital transformation in banking sector

businessnewstoday- September 6, 2023

IBM has announced a key collaboration with Indian Bank, one of India's premier public sector banks, to accelerate the bank's digital modernization. With a focus ... Read More

IBM to divest The Weather Company assets to Francisco Partners

businessnewstoday- August 22, 2023

IBM has agreed to divest The Weather Company's key assets to global tech investment firm Francisco Partners. Though the exact financial details remain undisclosed, this ... Read More

IBM collaborates with Microsoft: A new era in Generative AI solutions and business innovation

businessnewstoday- August 18, 2023

IBM and Microsoft are joining forces to propel businesses into the next era of generative AI, aiming to help clients swiftly adopt and scale these ... Read More

IBM wraps up $4.6bn acquisition of Apptio from Vista Equity Partners

businessnewstoday- August 10, 2023

IBM has successfully finalized its $4.6 billion acquisition of Apptio Inc., a foremost figure in technology business management, after procuring all necessary regulatory approvals. This ... Read More

IBM announces $4.6bn acquisition of Apptio to bolster IT automation capabilities

businessnewstoday- June 26, 2023

IBM today announced a definitive agreement to purchase Apptio Inc., a leading company in IT financial and operational management and optimization (FinOps) software, from Vista ... Read More

IBM and Wimbledon to elevate digital fan experience with AI technology

businessnewstoday- June 25, 2023

In a bid to enrich the fan experience, IBM and The All England Lawn Tennis Club have unveiled new features set to launch at this ... Read More