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IBM

IBM to Participate in $235M Series D Funding Round of Hugging Face

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...

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GOOGL IBM

Why the AI spending boom won’t end up like the 1990s tech bubble

Nvidia 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...

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GOOGL IBM

Nvidia’s blowout earnings ripple across tech, highlighting winners and questions

Nvidia's blowout earnings have been a tide lifting some boats...

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IBM

Perficient (PRFT) Introduces New Generative AI Initiatives

Perficient (PRFT) announces new and expanded generative AI initiatives to accelerate business transformation for clients, reflecting a strong product portfolio and an expanding clientele...

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IBM

Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations

ARMONK, 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...

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IBM

Advancing Environmental Justice With AI

NORTHAMPTON, 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 .....

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IBM

IBM to offload The Weather Channel, other digital properties in transaction

IBM 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...

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IBM

IBM Agrees to Sell Weather Company Assets to Francisco Partners

Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company...

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IBM

IBM CEO who plans hiring pause for 7,800 jobs due to A.I. says the world will be worse without the technology. ‘Otherwise quality of life is going to fall’

IBM CEO Arvind Krishna says A.I. will help keep worker productivity high, even as demographic trends point to a shrinking workforce...

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IBM

IBM is selling The Weather Company assets to private equity firm Francisco Partners

IBM 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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