Tag IBM

IBM (NYSE: IBM) today announced Autonomous Security for Cloud (ASC), an AI-powered solution from IBM Consulting designed to automate cloud security management and decision-making to help mitigate risk for organizations accelerating their cloud journey on Amazon Web Services (AWS) environments...

IBM (NYSE: IBM) and UFC®️, the world's premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today announced an innovative new partnership that will combine the power of IBM's AI and data platform, watsonx, with the vast global reach of UFC's content platforms to enhance the viewing experience for millions of UFC fans around the world...

Today at its inaugural IBM Quantum Developer Conference, IBM (NYSE: IBM) announced quantum hardware and software advancements to execute complex algorithms on IBM quantum computers with record levels of scale, speed, and accuracy...

For those trying to figure out where the AI boom is headed next, at least one CEO says to look to how the internet evolved. In an interview with Yahoo Finance Anchor Seana Smith at the Yahoo Finance Invest conference, IBM (IBM) Chairman and CEO Arvind Krishna says to remember the lessons of the internet's halcyon days. In other words, don't expect all of AI's use cases to appear simultaneously. "I think AI is going to be just like the internet," Krishna said. "There's an initial boom, people are excited about what you would call social media, then came the boom of b2b and e-business...You can see what's happened to the world of online e-commerce." To watch live and see every interview from Yahoo Finance Invest, click here. Watch the full interview with Arvind Krishna here.  This post was written by Conor White...

This year has been one where developments on the artificial intelligence front have cranked up into warp overdrive. And IBM (IBM) sits right in the center of all things AI. In an interview with Yahoo Finance Anchor Seana Smith at the Yahoo Finance Invest conference, IBM Chairman and CEO Arvind Krishna discussed its investments in AI, regulation, and how he is evolving the computing giant for the future. In Krishna's view, the future is incredibly bright, especially under a new administration that may cut red tape. "I think the AI spending from our clients is going to go up, I think the automation spending is going to go up, the labor demographics are going to get even worse, there's some policy statements that have implied that. Well, technology is a way to replace labor, so that means more technology will get deployed by our clients, and so those are the kinds of vectors that we are looking at to help accelerate our business." Krishna also took issue with criticism that IBM's AI spending was not yet profitable, pointing to its generative AI book of business, which now stands at more than $3 billion, saying: "I think in the past you might've been able to ding us that we were not able to monetize or convert our research into actual dollars. I think the last three years have been quite different." As for offering up more compelling use cases for AI, Krishna said that just because they haven't all presented themselves yet, doesn't mean they won't be showing up later. "This is one of those where if five years from now you're not using it (AI) in every part of your business, you're going to be fundamentally disadvantaged."To watch live and see every interview from Yahoo Finance Invest, click here. This post was written by Conor White...

Despite Strong Support for AI, Sustainability Investments Still Face Budget and Talent Hurdles, IBM Reports...

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren't disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somerville, Massachusetts-based Neural Magic in 2018, inspired by their work in high-performance execution engines for AI. Neural Magic's software aims to process AI workloads on processors and GPUs at speeds equivalent to special...

IBM (NYSE: IBM) today released its first-ever State of Sustainability Readiness Report 2024, revealing that 88% of business leaders surveyed are planning to increase investment in IT for sustainability over the next 12 months. The research showcases that over half of respondents across a range of industries see investing in technology for sustainability as an opportunity for growth, not just cost mitigation...

Key Insights The projected fair value for International Business Machines is US$320 based on 2 Stage Free Cash Flow to.....

We recently published a list of 10 Trending AI Stocks on Latest Analyst Ratings and News. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other trending AI stocks on the latest analyst ratings and news. The race to get ahead in artificial intelligence is […]...