IBM, or International Business Machines Corporation, is a multinational technology and consulting company headquartered in Armonk, New York. Founded in 1911, IBM is known for its role in the development of various technologies, including computers, software, and data analytics. The company has made significant contributions to the fields of artificial intelligence, cloud computing, quantum computing, and enterprise solutions. IBM’s business model includes offering hardware, software, and services, particularly for enterprise clients, covering areas like cybersecurity, data management, and the Internet of Things (IoT). Over the years, IBM has been recognized for its innovation and has held numerous patents, solidifying its status as a leader in the tech industry.
NHK is seeking ¥54.7 billion in damages from IBM Japan in a legal dispute. The lawsuit follows a contract aimed at overhauling NHK's operations, originally due by March 2027. IBM…