ibm
Computer giant IBM is being held back by its consulting business. In the past quarter, revenue increased by 1% year-on-year to around $14.5 billion, missing analysts' expectations, the company said as it announced its first quarter results on Wednesday. The share price fell by around 9% at times in after-hours trading on Wednesday. Meanwhile, the bottom line profit rose to $1.6 billion from $934 million a year earlier. Together with the presentation of the quarterly figures, IBM also announced the acquisition of multi-cloud infrastructure automation company HashiCorp. The deal is worth some $6...
DPA Breaking News
The Spanish government has signed a deal with US computer giant IBM Corp for the New York-based firm to develop foundational models of artificial intelligence (AI) for not only Spanish but for co-official langugages, such as Catalan, Basque, Galician, and Valencian. In addition, the two parties inked a Memorandum of Understanding or MoU to promote their collaboration in AI and AI supercomputing, advance the development and practical deployment of open, ethical and responsible generative AI in Spain. The MoU also aims to share the vision to create a suite of foundation models including both lar...
DPA Breaking News
The Spanish government has signed a deal with US computer giant IBM Corp for the New York-based firm to develop foundational models of artificial intelligence (AI) for not only Spanish but for co-official langugages, such as Catalan, Basque, Galician, and Valencian. In addition, the two parties inked a Memorandum of Understanding or MoU to promote their collaboration in AI and AI supercomputing, advance the development and practical deployment of open, ethical and responsible generative AI in Spain. The MoU also aims to share the vision to create a suite of foundation models including both lar...
DPA
The Spanish government has signed a deal with US computer giant IBM Corp for the New York-based firm to develop foundational models of artificial intelligence (AI) for not only Spanish but for co-official langugages, such as Catalan, Basque, Galician, and Valencian. In addition, the two parties inked a Memorandum of Understanding or MoU to promote their collaboration in AI and AI supercomputing, advance the development and practical deployment of open, ethical and responsible generative AI in Spain. The MoU also aims to share the vision to create a suite of foundation models including both lar...
DPA International
By Matthew Finnegan With the rollout of Adobe Firefly last year, IBM made generative AI (genAI) image creation available to thousands of designers. It didn’t take long for the tool to make an impression, said Billy Seabrook, global chief design officer for IBM’s consulting arm. Firefly was used, for example, to create 200 visual assets for IBM’s “Let’s Create” marketing campaign last year that involved rendering an image of a question mark in a variety of textures and colors. Firefly generated many variations — from a question mark made of flower petal to one made of chain link — that designer...
Computer World
ValueWalk
San Francisco (AFP) - IBM on Thursday said it has stopped advertising on X due to a report its ads were shown next to pro-Nazi posts at the platform formerly known as Twitter. The move came as X owner Elon Musk faced criticism for endorsing an unfounded antisemitic conspiracy theory on the service. Nonprofit Media Matters on Thursday reported that it found Apple, Oracle and IBM ads displayed next to posts touting Hitler and the Nazi Party on X. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely un...
AFP
SemiconductorsSoftwareInternet & Computer ServicesSpecialized Consumer ServicesBroadline RetailersTelecommunicationsDefenseAutomotiveInvestors looking to boost their portfolio returns can start looking at these sectors for potential long-term growth. Key Drivers Of A.I. InvestmentsWhen investing for company growth, investors must understand the key drivers fueling the growing interest in the technology. For example: Potential to revolutionize company operations, enhance efficiency, reduce operating costs, and drive revenue growth. This includes automation and predictive analytics, personalized...
ValueWalk
The blockchain industry is booming and big companies are investing in it. Here are some of the most influential companies in the blockchain industry: MicrosoftMicrosoft Corp (NASDAQ:MSFT) is a large company with many products. Microsoft’s history of investing in blockchain is more than two decades old. The company has been working on its own version of blockchain since at least 2014, when it partnered with Ethereum to build a private blockchain for tracking software licenses across different Microsoft products. Q3 2022 hedge fund letters, conferences and more In 2017, Microsoft released an ent...
ValueWalk
Poughkeepsie (United States) (AFP) - IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state. CEO Arvind Krishna unveiled the spending, which will take place over a decade, in a speech alongside Biden in the tech giant's Poughkeepsie facility. "We are proud to announce that IBM is pledging to invest $20 billion across the region," he told cheering workers. "This investment includes breakthroughs in semiconductor technology, mainframe computers, quantum computers...
AFP
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