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Articles about "IBM"

news.mit.edu

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.

tech.eu

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.

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