NEW YORK, April 25 — International Business Machines will buy HashiCorp in a deal valued at US$6.4 billion, the company said on Wednesday, expanding its cloud-based software...
1MDB trial: MACC investigating officer says did not ask Najib over US$700m transfer to Jho Low’s firm Good Star
Software has been a bright spot for IBM as its consulting business grapples with more cautious spending by enterprises navigating higher interest rates. IBM, which separately reported first-quarter adjusted profit above Wall Street estimates, has doubled down on its cloud business as it becomes increasingly necessary to store and process the vast amounts of data employed in artificial intelligence programs.The Big Blue’s “AI book of business” crossed US$1 billion in the first quarter, growing sequentially. The book comprises actual sales and bookings from various offerings.
“You’re seeing clients in this uncertain macroeconomic environment. You’re seeing clients that are tightening discretionary spending,” CFO Jim Kavanaugh told Reuters.
Hashi Corp Hashicorp Cloud Software
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PUMA, kate spade new york, New Balance & More: Fashion Drops You Gotta Cop!Attention all fashion aficionados! Buckle up for a wild ride through the most electrifying collaborations of the season! We're talking about everything from
Read more »
Xiaomi Launches New Brand, “Xiaomi Life”, with New Lifestyle Products like Bags and AccessoriesThe success of this strategy hinges on the quality of Xiaomi Life products, but it suggests Xiaomi has ambitions beyond simply selling EVs.
Read more »
LTAT appoints Azizan Ariffin as new chairman, Mohammad Ashraf as new chief executiveAdvertisementAdvertisement KUALA LUMPUR, March 29 — The Armed Forces Fund Board (LTAT) today announced the appointment of General (retired) Tan Sri Azizan Ariffin as its new...
Read more »
LTAT appoints Azizan Ariffin as new chairman, Mohammad Ashraf as new chief executiveSHAH ALAM: Two bank officers are among 16 people arrested for alleged involvement in a syndicate that buys and sells bank accounts and ATM cards for fraudulent activities.
Read more »
New Range Rover Evoque revealed – second-gen adds cool Velar touches, new tech to evolutionary designThis is the new Range Rover Evoque, the second generation of a highly successful, brand-transforming product for Jaguar Land Rover. And as expected for an iconic design, they’ve kept much of what’s good about it …
Read more »
New Balance Launches Multi-Channel Campaign for New Colourways of 1906 SneakersNew Balance has launched a multi-channel campaign featuring U.K. recording artist, Sainté, to celebrate the launch of the new colourways of the New Balance 1906 exclusively at JD Sports. The campaign showcases the diverse appeal of the 1906 and how it is being worn by a new generation of culturally aligned collectives and communities.
Read more »