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IBM will embed OpenAI's GPT-5.6 into its consulting platform and staff a dedicated AI practice, one month after a 25% single-day stock collapse. Key Points: IBM is folding OpenAI frontier models, Codex and ChatGPT Work into its IBM Consulting Advantage platform. A dedicated OpenAI Practice will be s

IBM shares plunged more than 20% in premarket trading on Tuesday, Jul. 14, after the company warned that second-quarter revenue of $17.2 billion will miss Wall Street estimates. IBM expects second-quarter revenue of $17.2 billion and adjusted earnings of $2.93 per share, both below analyst forecasts