Generative AI helps IBM mainframes grow

Generative AI helps IBM mainframes grow

HomeNews, Other ContentGenerative AI helps IBM mainframes grow

The powers of generative AI extend to helping the age-old concept of a proprietary enterprise operating system and hardware flourish, if IBM's Q2 2024 results are any guide.

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Big Blue on Wednesday [PDF] announced quarterly revenue of $15.8 billion — a two percent jump that would have been four points if not for exchange rate changes.

Software revenue increased by eight percent and infrastructure revenue increased by three units.

IBM's Z business, which is all about mainframes, rose eight percent — two points ahead of Big Blue's hybrid infrastructure.

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Generative AI helps IBM mainframes grow.
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