IBM, or International Business Machines Corporation, is a multinational technology and consulting company headquartered in Armonk, New York. It is one of the largest and oldest technology companies in the world, known for its innovations in computer hardware, software, and services. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR), it adopted the IBM name in 1924. IBM specializes in various sectors, including cloud computing, artificial intelligence, enterprise software, and quantum computing. The company also provides technology consulting and solutions to businesses and governments globally. With a rich history of technological advancements, IBM has played a significant role in the development of computing technology, including the invention of the first hard drive and contributions to the field of artificial intelligence.
NHK has filed a significant lawsuit against IBM Japan for ¥54.7 billion ($546 million) due to a failed system redevelopment project. The collaboration, initiated in December 2022, aimed to upgrade…