Ferrari Adopts IBM AI to Deepen Formula 1 Fan Engagement
Ferrari has partnered with IBM to leverage artificial intelligence for enhancing its Formula 1 fan experience. This collaboration aims to better understand and engage audiences through advanced AI-driven insights and personalized content.
MIT and IBM Launch Joint Lab for AI and Quantum Computing Research
MIT and IBM have established the MIT-IBM Computing Research Lab to advance research at the intersection of artificial intelligence, algorithms, and quantum computing. Building on a decade-long partnership, the new initiative aims to accelerate progress in foundational AI and quantum research, boosting innovation across scientific and industrial domains.
IBM Unveils AI Platform Bob to Manage Software Development Costs
IBM has introduced Bob, an AI-powered platform designed to optimize software delivery costs and improve governance throughout the software development lifecycle. The system aims to address challenges such as technical debt, legacy system integration, and compliance in large enterprises. Early trials report significant productivity improvements for both internal teams and clients.
E.SUN Bank and IBM Develop AI Governance Framework for Banking
E.SUN Bank has partnered with IBM to develop an AI governance framework tailored for the banking sector. The initiative aims to help financial institutions manage the growing use of artificial intelligence while ensuring legal compliance and effective risk management. The framework incorporates elements from the EU AI Act and global standards to provide structured oversight for AI deployment.
SEI Partners with IBM to Advance Agentic AI Automation in Finance
Financial firm SEI is collaborating with IBM to modernise its operations using agentic AI and automation. The project aims to streamline internal processes, reduce manual administrative work, and enhance client services by building a robust, data-centric operational foundation.
IBM Repositions Watson as Foundational Enterprise AI Platform
IBM has transitioned its Watson AI from a consumer-facing brand to a modular enterprise platform named IBM watsonx. The strategy focuses on enabling large organisations to build, govern, and monetise AI, centring on infrastructure and data governance. IBM's renewed enterprise approach aligns closely with current regulatory and business needs, especially in Europe.
AI Tools Disrupt COBOL Modernisation Market, Affect IBM and Consultancies
AI startup Anthropic's launch of Claude Code, an AI tool that accelerates COBOL system modernisation, triggered a sharp drop in IBM shares and broader consulting sector declines. The development highlights how AI may disrupt revenue streams built around legacy code maintenance, prompting market reassessment of the consulting model. While IBM has its own AI solutions for COBOL, the speed, scope, and pricing of modernisation are now under scrutiny.
Kate Barton Collaborates with IBM, Fiducia AI for NYFW Event
Designer Kate Barton partnered with IBM and Fiducia AI for a notable presentation at New York Fashion Week. The collaboration highlighted the use of artificial intelligence in creative processes within the fashion industry. The event showcased how new technologies can influence artistic expression and design.
IBM to Triple Entry-Level Hiring in US Amid AI Advancements
IBM has announced plans to triple its entry-level hiring in the United States by 2026, countering industry concerns about AI-driven job reductions. The initiative involves updating job descriptions to prioritize human-centered responsibilities over tasks easily automated by artificial intelligence.
IBM to Expand Hiring of Entry-Level Talent Amid AI Advances
IBM has announced plans to hire more entry-level talent as artificial intelligence continues to transform the workforce. The company aims to adapt its recruitment strategy in response to the growing integration of AI across industries. This approach reflects ongoing changes in the job market brought about by automation.