Revolutionizing Trading with Quantum Computing
Discover how HSBC and IBM's collaboration on quantum computing technology is transforming the financial industry and sparking innovation in various sectors.
IBM (International Business Machines Corporation), nicknamed "Big Blue," is a leading American multinational technology company headquartered in Armonk, New York, operating in over 175 countries. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR), it was renamed IBM in 1924 and became a pioneer in computing technology, notably dominating the computer industry during the 1960s and 1970s with its IBM System/360 mainframe series. This system was revolutionary as the first to cover a full range of applications from small to large-scale computing[2]. IBM is renowned for its extensive industrial research organization, the largest globally, with 19 research facilities worldwide, and it held the record for the most U.S. patents annually for 29 consecutive years (1993–2021)[2]. Its mission focuses on making the world work better through innovation, business ethics, environmental responsibility, and responsible technology, impacting societies globally[3]. Today, IBM leads in hybrid cloud and artificial intelligence (AI) solutions, integrating software, consulting, infrastructure, and financing services. Its software segment, including automation and Red Hat, is the most profitable, driving growth alongside consulting and infrastructure services that focus on hybrid cloud platforms and AI deployment[1][4]. IBM's AI business alone is valued at over $9.5 billion, reflecting its strategic emphasis on AI-driven transformation[1]. Financially robust, IBM reported Q3 FY 2025 revenue of $16.3 billion, a 9% year-over-year increase, with expanding margins and a raised full-year outlook. The company is also innovating in AI-enabled mainframes and hybrid cloud strategies, supporting enterprise-scale AI adoption[1][7]. Notably, IBM is committed to environmental sustainability, targeting net-zero greenhouse gas emissions by 2030, and remains a significant contributor to technological advancement while facing scrutiny regarding some geopolitical involvements[2][3]. In summary, IBM is a historic yet forward-looking
Discover how HSBC and IBM's collaboration on quantum computing technology is transforming the financial industry and sparking innovation in various sectors.
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A look at Warren Buffett's investment hit on Kraft Heinz impairment and its impact on Berkshire Hathaway Inc.