Like many leaders in tech, Arvind Krishna, the CEO of IBM, thinks federal R&D funding for AI and related technologies should be increased — not the other way around. “We have been an extremely strong advocate — and this is both the company and me personally — on that federally funded R&D should be increased,”…
Category: IBM
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Quantum computer threat spurring quiet overhaul of internet security
SAN FRANCISCO — Cryptography experts say the race to fend off future quantum-computer attacks has entered a decisive but measured phase, with companies quietly replacing the internet plumbing that the majority of the industry once considered unbreakable. Speaking at Cloudflare’s Trust Forward Summit on Wednesday, encryption leaders at IBM Research, Amazon Web Services and Cloudflare…
Enterprise, Global Security News, Government & Policy, IBM
IBM pledges to spend $150B in the US over the next few years
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday.…
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IBM affected by DOGE cuts, downplays impact during Q1 earnings call
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent…
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Attackers stick with effective intrusion points, valid credentials and exploits
IBM X-Force observed an identical breakdown of the top methods cybercriminals used to intrude networks for two years running, the company said in its annual Threat Intelligence Index. The top initial access vectors, valid account credentials and exploitation of public-facing applications, each accounted for 30% of IBM X-Force incident response cases last year. By focusing…
AI, Enterprise, Global Security News, Hardware, IBM, mainframe
IBM releases a new mainframe built for the age of AI
IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than…
AI, Enterprise, Fundraising, Global Security News, Hakkoda, IBM, Mergers and Acquisitions
IBM acquires Hakkoda to continue its AI consultancy investment push
IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business,…
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IBM’s CEO doesn’t think AI will replace programmers anytime soon
IBM CEO Arvind Krishna says that, despite the Trump Administration’s attacks on globalism, global trade isn’t dead. In fact, he thinks that the U.S.’s key to growth will be embracing an international exchange of goods. “So, I actually am a firm believer — I think it goes all the way back to the economists who…
Enterprise, Global IT News, Global Security News, HashiCorp, IBM
IBM closes $6.4B HashiCorp acquisition
IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. A spokesperson confirmed to TechCrunch that the U.S. Federal Trade Commission (FTC) had quietly greenlighted the acquisition earlier this week prior to the announcement made by the U.K.’s Competition and Markets Authority (CMA) on Tuesday.…
Global IT News, Global Security News, Government & Policy, HashiCorp, IBM
IBM’s $6.4B HashiCorp acquisition cleared by UK
The U.K.’s antitrust authority has given the go-ahead to IBM’s planned multibillion acquisition of infrastructure software company HashiCorp. In a brief case update published today, the Competition and Markets Authority (CMA) said it had “cleared the anticipated acquisition by IBM of HashiCorp,” and it would publish the full rationale for its decision in due course.…
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Security Consolidation Improves Efficiency, Threat Mitigation
Enterprises are shifting toward security tool consolidation as cyberthreats grow in complexity, opting for integrated platforms over fragmented, multi-vendor solutions. The post Security Consolidation Improves Efficiency, Threat Mitigation appeared first on Security Boulevard.
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UK antitrust watchdog launches review of IBM’s HashiCorp takeover
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…