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IBM unveils a next-generation dual-architecture processor for IBM Z and LinuxONE that natively supports both Arm and IBM Z instructions, featuring 2nm technology and AI accelerators to enhance enterprise computing options.
IBM reported a 42% drop in mainframe sales, leading to a 25% stock crash, but CEO Arvind Krishna insists the decline is temporary due to customers prioritizing AI hardware spending, not a sign of mainframe demise.
IBM's stock plunged 24% after CEO Arvind Krishna warned of worse-than-expected quarterly performance due to customers shifting budgets to AI datacenter components, causing delayed mainframe purchases and disrupted deals.
Hopper is a new AI-powered agentic interface for mainframe operations, allowing developers to navigate TN3270, write JCL, and debug z/OS jobs using natural language prompts.
Hopper is introduced as the first agentic development environment specifically designed for mainframe and COBOL systems.