Hollie Adams/Reuters IBM said on Thursday it has committed US$5-billion (R82-billion) to an initiative that will deploy engineers and AI tools to help companies better secure open-source software. The initiative, called Project Lightwell, seeks to create a “clearinghouse” for open-source security, establishing a model for managing risks across the software supply chain. Open-source software is…
International Business Machines Corp. (IBM) has announced an aggressive, two-pronged technological investment campaign totalling $15 billion. According to an SEC filing on Thursday, the computing giant will commit over $10 billion toward delivering the world’s first large-scale, fault-tolerant quantum computer by 2029, alongside a separate $5 billion initiative to secure global open-source software pipelines. Read:…
A quantum computer built by IBM IBM will invest more than US$10-billion in coming years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday. The investment will go towards R&D, capital expenditure, scaling manufacturing capabilities and acquisitions, the company known for building the Watson…
Lou Gerstner speaking in 1998/Reuters Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an e-mail on Sunday to employees, but did not provide a cause of death. “Lou arrived at IBM at a moment when the company’s future was…
Former IBM chief executive officer and chairman Lou Gerstner. Former IBM chief executive officer and chairman Lou Gerstner has died at the age of 83. Current IBM chairman and CEO Arvind Krishna informed employees of Gerstner’s death in an e-mail circulated yesterday. “I am saddened to share that Lou Gerstner, IBM’s chairman and CEO from…
Morgan Malyon IBM Power and Storage solutions remain relevant and robust, with upgrades that make them the foundation of the agile, hybrid and AI-enabled enterprise. This is according to experts from IBM and systems integrator TCM, who were speaking during a webinar on transforming IT infrastructure. The webinar outlined how IBM Power and IBM FlashSystem…
