IBM and Red Hat Expand Lightwell with New Offerings to Build the Trust Infrastructure for AI-Era Open Source

ARMONK, N.Y., July 9, 2026 — IBM today announced major updates to IBM Bob, its agentic software development platform, including new multi-agent capabilities, built-in AI cost and use analytics, and […] The post IBM Advances Enterprise AI Software Development with Multi-Agent Capabilities and Specialized Modernization Workflows appeared first on AIwire.

The post International Business Machines (IBM) Stock Drops 1.3% Despite Quantum Computing Buzz appeared on BitcoinEthereumNews.com. Key Highlights Milwaukee Bucks forward Kyle Kuzma toured IBM’s Thomas J. Watson Research Center, sharing his quantum computing experience with his 1.3 million X platform followers. The tech giant clarified the laboratory visit wasn’t sponsored — Kuzma initiated contact after publicly showing interest in quantum technology on social platforms. Wall Street consensus rates IBM as “Moderate Buy” with a $306.47 average price target; Bank of America recently upgraded its forecast to $330. Sumitomo Mitsui Trust Group decreased its IBM holdings by 3.8% during Q1, divesting 91,570 shares, while institutional investors maintain 58.96% ownership. The company announces Q2 2026 financial results on July 22; shares began Thursday trading at $302.18, declining 1.3% intraday. International Business Machines enters earnings reporting season amid a distinctive convergence o

The updates amount to a significant expansion of the platform.

The post Starbucks (SBUX) Develops Proprietary AI Platform to Slash $400M Software Budget appeared on BitcoinEthereumNews.com. Key Highlights The coffee retailer is creating proprietary AI-driven solutions to eliminate dependency on IBM and Microsoft platforms Annual software expenditures currently total approximately $400 million, which the company aims to reduce substantially Internal platforms may launch by late next year following comprehensive testing phases The technology division expects to reduce spending by roughly $30 million in the current fiscal year IBM shares declined approximately 3%, ServiceNow dropped 3.5%, and Salesforce fell 4% during premarket hours following the announcement The Seattle-based coffee giant is constructing proprietary AI-enabled platforms to substitute enterprise solutions currently purchased from major technology providers like IBM and Microsoft. This strategic shift caused enterprise software stocks to retreat during Thursday’s early trading sessio

Starbucks' AI shift could inspire other enterprises to develop in-house tech solutions, reducing reliance on traditional big tech vendors. The post Starbucks builds AI tools to replace Microsoft and IBM software, signaling enterprise shift away from big tech vendors appeared first on Crypto Briefing.

IBM's multi-agent AI platform could redefine enterprise software development by streamlining bottlenecks in review and validation processes. The post IBM advances enterprise AI software development with multi-agent capabilities appeared first on Crypto Briefing.

The post Super Micro Computer (SMCI) Stock Climbs on Red Hat Partnership for Edge AI Solutions appeared on BitcoinEthereumNews.com. Key Highlights Shares of SMCI advanced 4.67% following the unveiling of edge AI appliances Partnership with Red Hat and Everpure aims to streamline edge AI implementations The solution integrates Kubernetes, storage infrastructure, and edge computing hardware The system leverages Red Hat OpenShift for hybrid cloud AI operations Portworx by Everpure delivers Kubernetes-native storage for decentralized AI applications Shares of Super Micro Computer, Inc. climbed 4.67% to reach $27.48 as the company strengthened its edge AI capabilities. The stock maintained strong momentum throughout the trading session, closing near its daily peak. The upward movement came after the company unveiled a new Kubernetes Edge AI appliance developed alongside Red Hat and Everpure. Super Micro Computer, Inc., SMCI Stock Performance Follows Edge AI Product Unveiling Supermicro anno

The move is seen as supporting accessibility and deployment for physical AI and also boosting Nvidia’s already strong presence in the field.