This dinosaur isn’t extinct yet

[wtg]

In the age of cloud computing, it's easy to forget that IBM (NYSE: IBM) still sells its hulking mainframe systems. Following IBM's fourth-quarter earnings report, it's clear that the mainframe business is not only surviving but also thriving.

Here's an incredible fact IBM CFO Jim Kavanaugh disclosed during the earnings call: IBM's mainframe business recorded its best fourth quarter revenue in more than 20 years. Revenue soared 61% year over year, adjusted for currency, driving a 17% increase in the infrastructure segment.

https://www.msn.com/en-us/money/technologyinvesting/this-outdated-ibm-technology-just-did-something-it-hasn-t-done-in-20-years/ar-AA1Vo7fr?ocid=hpmsn&cvid=697eb4c6fb534c1e908c7768cf81270b&ei=32

[Mik]

The more things change the more they stay the same. Makes sense that they are useful for AI.

[Piano*Dad]

My first IBM mainframe ...

Link to video