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IBM to Acquire HashiCorp for $6.4 Billion, Shares Slip on Mixed Q1 Results
IBM announced plans to acquire cloud-software company HashiCorp for $6.4 billion on Wednesday, a move aimed at creating a comprehensive end-to-end hybrid cloud platform for the AI era. The news came alongside the computing giant's first-quarter earnings report, which showed mixed results, with adjusted earnings per share beating expectations but revenue falling slightly short of estimates. IBM announced plans to acquire cloud-software company HashiCorp for $6.4 billion on Wednesday, a move aimed at creating a comprehensive end-to-end hybrid cloud platform for the AI era. The news came alongside the computing giant's first-quarter earnings report, which showed mixed results, with adjusted earnings per share beating expectations but revenue falling slightly short of estimates. -
IBM, Rapidus Form New Partnership To Build 2nm Chips
IBM reinforces its role as a global resource for semiconductor research and development IBM reinforces its role as a global resource for semiconductor research and development -
IBM Reports Strong Q1 Earnings, Shares Surge By 3%
IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. -
Quantum Supremacy? IBM Announces Eagle, A Chip No Standard Computer Can Match
Eagle packs 127 qubits, which are the information-processing units of a quantum computer. Eagle packs 127 qubits, which are the information-processing units of a quantum computer. -
Amazon, IBM Team Up To Help Oil, Gas Producers Fast-Track Energy Transition
IBM and AWS will work together to enhance their platform's value for global clients. IBM and AWS will work together to enhance their platform's value for global clients. -
Google, IBM Accused Of Underreporting Carbon Footprints
New research found inconsistencies in big tech's emission reports. New research found inconsistencies in big tech's emission reports. -
IBM To Suspend Unvaccinated Workers, American Airlines Threatens To Fire Them
IBM intends to place unvaccinated employees on unpaid leaves, while American Airlines will be firing those that fail to comply. IBM intends to place unvaccinated employees on unpaid leaves, while American Airlines will be firing those that fail to comply. -
IBM Wants To Shed Businesses And Join Rivals Amazon And Microsoft In The Cloud
IBM may sell the unit to a private equity company or merging it with a blank check company. IBM may sell the unit to a private equity company or merging it with a blank check company. -
Big Blue Says New Chip Can Crunch Data Three Times Faster Than Others
Samsung Electronics will build new-gen Power10 microchip for heavy-duty use at data hubs. Samsung Electronics will build new-gen Power10 microchip for heavy-duty use at data hubs. -
IBM Cuts Ties With Facial Recognition Tech
Facial recognition has faced backlash from privacy advocates and lawmakers, and a handful of cities have banned the municipal use of the technology. Facial recognition has faced backlash from privacy advocates and lawmakers, and a handful of cities have banned the municipal use of the technology.