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Posted: 2025-04-24 22:35:00 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-24 22:35:26 UTC
Verified By
Rollup News
IBM's Q1 revenue shows a significant shift towards software, with nearly half of the $14.5B coming from software sales. The upcoming z17 mainframe, equipped with Telum II processors and a Spyre AI accelerator, is designed for AI-heavy workloads. IBM claims its mainframes still handle two-thirds of global business transactions. Despite economic uncertainty, IT spending remains steady as enterprises continue to invest in modernization.
IBM's revenue shift towards software.
Launch of z17 mainframe with AI capabilities.
Mainframes continue to handle a significant portion of global business transactions.
Steady IT spending despite economic uncertainty.
Economic uncertainty.
Tariff drama.