International Business Machines Corp Stock Price, News & Analysis

IBM (NYSE: IBM) and EY have announced the launch of EY.ai for tax, built with IBM's watsonx AI technology. The solution combines IBM's AI capabilities with EY's tax expertise to revolutionize tax compliance processes. Three key AI-enabled solutions have been introduced:

1. Intelligent Tax Data Lake: Consolidates tax filing data from multiple sources using watsonx.data and watsonx.ai 2. Detect and Correct with Business Documents: Extracts and verifies data from unstructured invoices 3. Withholding Tax Determinations: Automates monthly withholding tax rate calculations

Currently implemented in IBM's Tax Department, these solutions are expected to save tens of thousands of hours annually, with IBM on track to automate 80% of its foreign tax compliance. The system streamlines data consolidation from 36 sources while prioritizing security and trust in handling sensitive tax data.

IBM and Scuderia Ferrari HP have launched a reimagined mobile app powered by watsonx AI to enhance the Formula 1 fan experience for nearly 400 million global Tifosi. The app, now available in English and Italian, features new AI-driven capabilities including race recaps, historical stats, and interactive features.

Key innovations include AI-generated race summaries, post-race insights with data visualizations, and historical comparisons using IBM Granite LLMs. The app introduces fan engagement features like direct messaging to the team, daily interactive polls, and iconic race highlights.

The partnership focuses on combining IBM's data and AI technologies with Ferrari's racing heritage to create a comprehensive digital fan experience. Available on both Apple App Store and Google Play Store, the app will continue to receive new features throughout 2025, demonstrating both companies' commitment to innovation in fan engagement.

IBM has announced its board of directors' approval for an increase in the regular quarterly cash dividend to $1.68 per common share. This marks a significant milestone as it represents the 30th consecutive year of dividend increases for the technology giant.

The dividend will be payable on June 10, 2025, to stockholders of record as of May 9, 2025. This decision reinforces IBM's long-standing commitment to shareholder returns, as the company has maintained an unbroken streak of paying quarterly dividends since 1916.

IBM has launched a new Microsoft Practice within IBM Consulting, strengthening their partnership to deliver AI, cloud, and security transformations. The practice integrates IBM's industry expertise with Microsoft's technology portfolio including Copilot, Azure OpenAI, Azure Cloud, Fabric, and Sentinel.

The initiative brings together over 33,000 Microsoft-certified professionals across global markets, offering clients:

• Innovation in cloud, AI, data and security
• Global implementation capabilities
• End-to-end transformation services
• Enterprise-grade security controls

The practice features integration with IBM Consulting Advantage platform and advanced Copilot capabilities. IBM has already completed 14,000 Microsoft projects globally and offers over 30 IBM Software solutions on Microsoft Azure. Notable success includes the State of Arizona Department of Child Safety's implementation of Microsoft generative AI solutions.

IBM has unveiled new agentic AI capabilities for its cybersecurity operations, introducing the Autonomous Threat Operations Machine (ATOM) and X-Force Predictive Threat Intelligence (PTI). ATOM is designed to provide autonomous threat triage, investigation, and remediation with minimal human intervention, while integrating with existing security solutions from IBM and partners including Google Cloud and Microsoft.

The PTI system leverages industry-specific AI foundation models to generate predictive threat insights, gathering data from over 100 sources including X-Force Threat Intelligence and open-source feeds. This integration of AI with expert human analysis helps curate proactive threat intelligence and predicts potential threats based on adversary behavior.

The new capabilities aim to help organizations combat increasingly stealthy cyber threats by automating threat hunting processes and improving detection and response times, allowing security teams to focus on high-priority threats rather than false positives.

IBM has announced a landmark $150 billion investment in America over the next five years, including $30 billion dedicated to research and development of mainframe and quantum computers. The investment aims to strengthen IBM's position as a global computing leader and boost the U.S. economy.

The company's mainframe systems, manufactured in Poughkeepsie, New York, currently process over 70% of the world's transactions by value. IBM also operates the world's largest fleet of quantum computers, with its Quantum Network serving nearly 300 Fortune 500 companies, academic institutions, national laboratories, and startups, reaching over 600,000 active users.

This strategic investment builds on IBM's 114-year legacy of American innovation, which includes developing data processing systems for U.S. social security and the Apollo Program.