International Business Machines Corporation beats earnings expectations at the end of the third quarter (NYSE:IBM) At this time, all participants are in a listen-only mode. I will turn the meeting over to Arvind Krishna, IBM's Global Head of Investor Relations. We believe that IBM with Red Hat can be a key driver of open source AI. The acquisition of HashiCorp builds on our commitment to industry collaboration, the developer community, and securing hybrid cloud and AI. We are positioned to