IBM Q3 2024 results fail to meet analyst expectations
Blow softened by performance in software business
Blow softened by performance in software business
Big Blue is the latest cloud provider to add H100s to the mix
Company's second dedicated facility for quantum computers
As IonQ secures Air Force contract, and EuroHPC JU signs deals with IQM and Quandela
IBM faces competition in Nigerian banking sector
Agency working with cloud providers for its push with AI
First cloud service provider to adopt Gaudi 3
Follows launch of original Telum chip in 2021
Collection includes supercomputers, mainframes, microcomputers, and personal computers, with some hardware dating back to the 1950s
Things are looking up for Big Blue as revenue beats expectations
System due to go online in 2029
Growth driven by AI-based storage demands
Plus Open Text sells app modernization business for $2.25bn
QuEra also set to deploy an on-premise supercomputer in Japan
Investment will be made into IBM’s sole Canadian facility, Bromont plant
Lawsuit relates to purchase of a mainframe system
Sumit Gupta also spent years at IBM and Nvidia
Deal will close later this year
Company is also boosting cooling efficiency at its facilities
Company's second MZR in Canada, ninth in the world
200 mainframes in Poughkeepsie, NY, remain unharmed
First IBM Quantum System One to be installed on a university campus
But don't worry, IBM will likely still be the winner
Company has been using facility since 2022