IBM Shares Plunge 23% After Warning of a Quarterly Earnings Miss
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
In-depth reporting on artificial intelligence and machine learning, from generative AI and large language models to predictive analytics and automation tools. This category explores how algorithms and data-driven systems are transforming business operations, scientific research, creative industries and public services, shaping a future where machines collaborate with humans to solve complex problems at scale.
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
Google DeepMind CEO Demis Hassabis proposed a US-led standards body to test the most powerful AI models before release and coordinate an industry slowdown if risks...
Google unveiled SensorFM, a health AI trained on over a trillion minutes of smartwatch data from 5 million people, that predicts 35 health measures from cardiovascular...
Tencent is in talks to become Manus's largest shareholder as investors race to reverse Meta's $2 billion purchase of the AI agent startup, after Beijing ordered...
SpaceXAI's Grok 4.5 tied GPT-5.6 Sol for first on the SWE-Atlas-QnA coding benchmark, a narrow win that highlights the model's real edge: efficiency and low cost.
A South Korean developer says Anthropic's billing system tried to charge him $16.6 million despite being on the free plan with zero API usage, one of...
Anthropic extended free Claude Fable 5 access to July 19, its second extension in a week, as OpenAI removed usage caps and made GPT-5.6 Sol cheaper...
Apple sued OpenAI for trade secret theft, alleging former employees now at OpenAI stole confidential hardware information to build its first AI device. OpenAI denies it.
SK Hynix raised $26.5 billion in its Nasdaq debut, the largest US listing ever by a foreign company, as investors rushed to buy into the AI...
OpenAI is discontinuing ChatGPT Atlas, its standalone AI browser, on August 9, folding its agentic browsing into the new ChatGPT desktop app just nine months after...
Anthropic launched Reflect, a beta dashboard that shows users how they use Claude and nudges them toward healthier habits, a rare feature that can encourage using...
OpenAI launched ChatGPT Work, a GPT-5.6 agent that pulls context from a user's apps to produce finished docs, slides and sites, as it merges Codex into...