Moreover, the company is still thriving - with Lenovo leading global PC shipments in 2024, totalling 61.8 million units, and ...

IBM has reached a definitive agreement to sell its PC division to China-based computer vendor Lenovo Group in a deal that will effectively create a $12 billion PC company that will compete against ...

Price isn't everything, according to IBM executives. Instead, the keys to the kingdom are manageability, security and wireless communications, three elements IBM has included in its PC fall fashions.

On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...

IBM itself is no stranger to collaborating with OpenAI. In August, the ChatGPT maker publicly released two AI models to the ...

For IBM, tying its AI fortunes to Anthropic, one of the most highly regarded generative AI companies, will help it stay up to ...

Ending nearly a week of speculation, IBM has reached an agreement to sell its personal computer business to Chinese PC maker Lenovo for US$1.25 billion in cash, a deal that calls for Big Blue to ...

Andrew D. MagerWeb AssistantIBM said in a public announcement Friday, it would pull out of the personal computer business that it founded in 1911. The company is discussing a sale with Lenovo Group, ...

Margaret Warner discusses IBM's sale of its personal computer business to one of China's top PC makers with a technology expert and a China analyst. The company that pioneered the personal computer is ...

AI-powered chatbots are clearly the future of computing, and it’s only a matter of time before you’ll see them appear on every internet-connected gadget. If you thought you were safe from this by ...

IBM's decision to sell its PC business to Lenovo underscores the fact that most companies cannot generate steady profits selling PCs Perhaps it isn’t quite as surprising as if Ford Motor Co. suddenly ...