"This is an incredibly exciting time to lead IBM's strategy around sustainability," Shim told Technology Magazine. It's no secret that technology — especially AI — often requires a lot of power.

“We are a B2B company, and explaining what we do to the average reader—we'll take all the help we can get,” IBM CEO Arvind Krishna joked ahead of a recent interview with TIME. Advertisement ...

In fact, besides IBM, the only company making money on computers is the smallest one—Minneapolis’ Control Data (TIME. Nov. 24, 1961). Its formula: concentrating on only a few computers and ...

IBM has grown its stock price and technical capabilities under CEO Arvind Krishna, but revenue growth remains anemic. Investors may need more clarity about how the company will fund this spending.

IBM said at the time that AI bookings and sales stood at over $5 billion inception-to-date. Co-founded in 2021 by ex-Deloitte GM Erik Duffield, Hakkoda helps customers move data to the cloud ...