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International Business Machines Corp (NYSE:IBM) has unveiled its new Power11 chips and servers, the first major update to its Power systems lineup since 2020. The new products emphasize energy efficiency, security, and AI integration, targeting enterprises in sectors such as finance, healthcare, and manufacturing, the company said in a statement on Tuesday.
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
International Business Machines on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
Autonomous, AI-Ready Server Offers Zero Planned Downtime New Innovations Across the Full-Stack – from Silicon to Applications – Deliver Unique Value and Greater Business Continuity ARMONK, N.Y. and MUNICH , July 8, 2025 /PRNewswire/ -- Today, IBM (NYSE: IBM ) revealed IBM Power11, the next generation of IBM® Power® servers.
There's little doubt that artificial intelligence is here to stay. It's just too game-changing to put back in the box now.
Two years ago, Goldman Sachs said that 300 million jobs would be lost or “degraded” by AI. People with AI skills may find that there are other job opportunities available in the economy. Other companies that have analyzed the effects put the number lower than that of Goldman Sachs. For example, MIT put the number at two million. However, this is only for manufacturing jobs. Key Points There Is A Wide Range Of Jobs AI Will Eliminate AI May Also Help Add New Jobs Take this quiz to see if you’re on track to retire. (sponsored) Companies have begun to eliminate jobs that AI can automate. Microsoft (NASDAQ: MSFT) recently cut several thousand workers. Its management said AI does 30% of internal coding. These are the jobs that will be destroyed mainly by AI: People who work on assembly lines are at extreme risk. Manufacturing can replace many jobs in factory facilities with AI, which uses robotics. Those at particular risk have positions that involve repetitive work, and those at risk
AI may pose a threat to software companies that charge customers per seat or employee, but IBM offers relative stability in part due to a different business model.
CNBC's Jim Cramer breaks down why he's keeping an eye on shares of IBM.
MINNEAPOLIS--(BUSINESS WIRE)--Izzi Software, a leading provider of innovative enterprise software solutions, is pleased to announce the acquisition of Chicago-based CNX Corporation, a technology company specializing in accelerating app development for users of IBM Power Systems. This strategic move marks a significant milestone for Izzi as it expands its capabilities and offerings into the IBM Power ecosystem. The company launched in 2024 in the IBM Z sphere with the acquisition of Virginia-bas.
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