IBM (NYSE: IBM) and open-source AI platform Hugging Face, today announced that IBM is participating in the $235M series D funding round of Hugging Face. The additional funding will further strengthen Hugging Face's position as the leading open-source and open science artificial intelligence platform...
Continue ReadingNvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment...
Continue ReadingNvidia's blowout earnings have been a tide lifting some boats...
Continue ReadingPerficient (PRFT) announces new and expanded generative AI initiatives to accelerate business transformation for clients, reflecting a strong product portfolio and an expanding clientele...
Continue ReadingARMONK, N.Y. & HAMILTON, Bermuda, August 24, 2023--Fortitude Re and IBM have entered into a $450 million agreement to transform Fortitude Re’s life insurance policy servicing operations...
Continue ReadingNORTHAMPTON, MA / ACCESSWIRE / August 23, 2023 / IBM Originally published by Project Syndicate Given its capacity to innovate climate solutions, the technology sector could provide the tools we need to understand, mitigate, and even reverse the .....
Continue ReadingIBM and Francisco Partners have landed on a deal for the sale of The Weather Company, slating the assets in that business to get the investment firm as a new owner...
Continue ReadingTech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company...
Continue ReadingIBM CEO Arvind Krishna says A.I. will help keep worker productivity high, even as demographic trends point to a shrinking workforce...
Continue ReadingIBM is selling assets of The Weather Company — including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners. The two companies announced the deal Tuesday that also includes The Weather Company’s forecasting science and technology platform and other digital properties. IBM agreed to buy The Weather Channel mobile app along with the digital assets of The Weather Company in 2015 for $2 billion — but did not acquire The Weather Channel seen on TV...
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