IBM issued a preliminary earnings warning for its second quarter of 2026, reporting revenue of $17.2 billion that missed analyst expectations by roughly $660 million to $700 million, causing its stock…
AI leaders and economists are calling for new regulatory approaches to artificial intelligence, signaling a shift from industry resistance to government oversight. Meanwhile, China is closing the gap …
IBM released Docling, an open-source document processing tool that parses diverse formats including PDF, DOCX, and images, with integrations for generative AI ecosystems like LangChain and LlamaIndex.…
IBM warned on July 14 that its second-quarter revenue would land at roughly $17.2 billion, a full $660 million below Wall Street expectations, sending its stock down approximately 25% in its worst sin…
International Business Machines Corp.'s warning that sales are falling short of expectations due to customers shifting spending to AI infrastructure caused its shares to plunge 25%, their worst day si…
Meta is reportedly planning a cloud business to sell access to AI computing power and models, extending its internal infrastructure into a commercial service for outside developers and enterprises, ac…
Warren Buffett revealed he was behind Berkshire Hathaway's $31 billion investment in Alphabet, saying the AI race has forced Google and its hyperscaler rivals into a capital-intensive spending game th…
A new essay argues that the dominant vision for AI, exemplified by Dario Amodei's 'machines of loving grace' essay, risks creating a benevolent AI dictator that concentrates power, contrasting with th…
VLLM v0.25.0, released July 11, deletes the original PagedAttention implementation and makes Model Runner V2 the default execution backend for all dense models, delivering a 56% throughput improvement…
About half of companies that replaced employees with AI have experienced a costly reversal, rehiring workers after discovering technology alone could not meet operational needs, according to CNBC. Kla…
IBM's preliminary Q2 2026 results, released July 14, showed revenue of $17.2 billion (up just 1% year-over-year) and adjusted earnings per share of $2.93, missing the consensus estimate of $3.01, trig…
IBM shares crashed 25% on Tuesday, the worst single-day decline in the company's 115-year history, after CEO Arvind Krishna admitted in a letter to investors that the company 'did not adapt and move q…
IBM suffered its worst single-day stock crash in 115 years on July 14, with shares plunging approximately 25% and erasing roughly $67 billion in market capitalization after the company warned second-q…
IBM suffered the worst single-day stock crash in its 115-year history on July 14, 2026, plunging 25% and erasing roughly $40 billion in market value after reporting preliminary second-quarter revenue …
IBM announced the Power S1112 edge server and IBM Power Autonomous Operations, an AI agent for monitoring and resolving issues, to bolster its AI-ready infrastructure. The new one-socket Power11 serve…
IBM introduced the Power S1112, a compact single-socket Power11 server for on-premises AI inference, alongside Power Autonomous Operations, an agentic control layer for automated infrastructure manage…
IBM shares plunged 11.2% on February 23 after Anthropic unveiled Claude Code, a tool that automates COBOL code modernization, threatening a key revenue stream for IBM's consulting business. Bitcoin dr…
IBM lost roughly $68 billion in market value on Tuesday, its worst one-day stock crash since 1968, after the company reported preliminary second-quarter revenue of $17.2 billion, missing analyst expec…
IBM announced IBM Power Autonomous Operations, an AI agent that continuously monitors Power systems and autonomously resolves issues, alongside the Power S1112 server for local AI inference. The new c…
IBM on July 8, 2025, unveiled its Power11 server family, promising 55% core performance gains, 99.9999% uptime via autonomous operations, and on-chip AI acceleration for enterprise workloads. The syst…