IBM | DD News

July 15, 2026 8:59 AM

IBM warns AI boom squeezing software budgets; shares sink in sector rout

IBM said it had "faltered" in keeping pace with a shift in corporate spending from software to data-center infrastructure and would take a big earnings hit in the second quarter, in the clearest sign yet of AI's growing toll on the sector. IBM's shares tanked 25%on Tuesday, putting the stock on track for an even steeper single-day decline than it suffered during the 1987 "Black Monday" crash. Other software stocks also fell. The warning shows that businesses racing to secure access to ...

April 1, 2026 10:52 AM

US eyes a swift end to war as fresh attacks hit Gulf states and Iran

U.S. President Donald Trump and his Secretary of State Marco Rubio said the end of the war on Iran could be near, with Washington signaling potential for both direct talks with Tehran's leadership and a winding down of the conflict even without a deal. The remarks underscored the shifting and at times contradictory timelines and statements from Washington about how and when the war, now in its fifth week, might end. "We'll be leaving very soon," Trump told reporters at the White House on Tuesd...

February 24, 2026 4:20 PM

IBM to invest in quantum computing, cloud infrastructure across India: Vaishnaw

Union Minister of Electronics and Information Technology Ashwini Vaishnaw on Tuesday said that IBM is planning investments in quantum computing and cloud infrastructure across India, which are expected to create new opportunities for the country’s growing technology talent pool. The Minister shared the update after holding a meeting with senior IBM officials, highlighting the company’s continued commitment to expanding its presence in India’s advanced technology sectors. In a post on X, ...

October 31, 2025 1:52 PM

IBM to set up AI lab at AICTE HQ, upskill Indian talents

The All India Council for Technical Education (AICTE) is partnering with IBM to establish an Artificial Intelligence (AI) lab within the AICTE headquarters. The move is designed to provide students and faculty in India’s technical education ecosystem with access to emerging-tech training and industry-standard exposure. The lab will function as a central node for up-skilling in AI, data science and related fields, with a focus on practical learning, certification and curriculum support for tec...

March 25, 2025 8:10 PM

India, IBM to explore potential collaborations in quantum, AI

The Indian government and IBM are exploring opportunities to collaborate on quantum computing, artificial intelligence (AI), and geospatial AI solutions, the Ministry of Science and Technology announced on Tuesday. IBM’s Global Head, Arvind Krishna, met Union Minister Dr Jitendra Singh to discuss how the two sides can work together in these advanced technology fields. The meeting took place as India pushes forward with its National Quantum Mission, an initiative aimed at making the country a...

February 20, 2025 10:34 AM

Microsoft creates chip it says shows quantum computers are ‘years, not decades’ away

Microsoft, on Wednesday unveiled a new chip that it said showed quantum computing is "years, not decades" away, joining Google and IBM in predicting that a fundamental change in computing technology is much closer than recently believed. Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years and could unlock discoveries in medicine, chemistry and many other fields where near-infinite seas of possible combinations of molecules confound ...