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IBM

AI Infrastructure Boom Hits IBM Hard

IBM CEO Arvind Krishna has admitted the company underestimated how quickly customers would redirect technology spending towards artificial intelligence infrastructure. The admission came after the company reported weaker-than-expected preliminary second-quarter results, sending
July 15, 2026

IBM Teams Up With AWS

AI expertise and a deep understanding of AWS capabilities are critical for clients looking to implement generative AI, and IBM is already providing mutual clients with access to professionals….reports Asian Lite News
November 8, 2023

IBM buys Apptio for $4.6 bn

The acquisition will accelerate the advancement of IBM’s IT automation capabilities and enable enterprise leaders to deliver enhanced business value across technology investments….reports Asian Lite News Tech major IBM on Monday announced
June 27, 2023
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