IBM

Big Tech companies are starting to look like IBM in the 1960s

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The race to dominate the burgeoning AI market is pushing tech giants to adopt business models reminiscent of IBM’s (IBM) in the 1960s. Big Tech “hyperscalers” Alphabet (GOOG, GOOGL), Meta (META), Microsoft (MSFT), and Amazon (AMZN) are all in various stages of developing their own custom AI chips to put in their data centers and … Read more

This ‘Outdated’ IBM Technology Just Did Something It Hasn’t Done in 20 Years

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The mainframe business is thriving. In the age of cloud computing, it’s easy to forget that IBM (IBM 7.71%) still sells its hulking mainframe systems. Following IBM’s fourth-quarter earnings report, it’s clear that the mainframe business is not only surviving but also thriving. Here’s an incredible fact IBM CFO Jim Kavanaugh disclosed during the earnings … Read more