Asa Fitch / Wall Street Journal:

IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020  —  ‘Big Blue’ has clawed back into investor favor, but needs to show staying power in AI to cement its comeback

Asa Fitch / Wall Street Journal:

IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020  —  ‘Big Blue’ has clawed back into investor favor, but needs to show staying power in AI to cement its comeback

Source: TechMeme
Source Link: http://www.techmeme.com/250426/p6#a250426p6