IBM | Latest News & Updates - Jan 30, 2025 Release

IBM announced strong fourth-quarter 2024 earnings results, as shared by CEO Arvind Krishna...


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IBM

🌎 ibm.com

IBM is a global technology innovator with over a century of experience, specializing in AI, automation, and hybrid cloud solutions. The company focuses on creating technology and infrastructure that helps businesses grow and improve their operations. IBM partners with developers, data scientists, and other creators to enhance the world through technology and consulting services.


IBM - Latest News and Updates

  • IBM announced strong fourth-quarter 2024 earnings results, as shared by CEO Arvind Krishna.
  • IBM's Q4 results exceeded analyst expectations with a 4% revenue increase to $17.38 billion, driven by unexpected growth in the infrastructure business and a doubling of AI-related sales, leading to a 5% after-hours stock price rise.
  • IBM's Client Engineering team, led by Manager Florian Scheil, developed 'Vina', a digital wine sommelier using Watsonx AI, showcased at the IBM Innovation Studio in Munich.
  • IBM shares rose 9% after reporting fourth-quarter earnings that exceeded Wall Street expectations, with CEO Arvind Krishna announcing $5 billion in bookings for its generative AI business.
  • IBM's Chairman and CEO Arvind Krishna discussed the company's 4Q 2024 earnings results.
  • IBM's CEO announced double-digit revenue growth in Software for the quarter, driven by Red Hat, with 2024 revenue up 1% to $62.8 billion and a gross profit margin of 56.7%.
  • IBM recently partnered with PAAL, signaling a major shift.
  • IBM and Palo Alto Networks have partnered to address cybersecurity complexity by promoting a platformized approach that integrates security, hybrid cloud, and AI technologies, as revealed in a global survey on January 28, 2025.
  • IBM has partnered with Ferrari to become its official Fan Engagement and Data Analytics Partner, developing an enhanced mobile application for the luxury sports car manufacturer.
  • IBM introduced watsonx Code Assistant for Red Hat Ansible Lightspeed, an AI tool that helps developers quickly create Ansible playbooks, as announced by Md Amaan Haque, AI Engineer.

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