IBM is expanding its presence in the AI market by focusing on enterprise customers with complex needs through its watsonx platform. The company’s strategy of providing guidance and implementation support along with AI solutions has proven successful, with a portfolio related to watsonx and Generative AI exceeding one billion dollars. IBM is forming partnerships with … Read more
The latest annual report from the IBM Institute for Business Value reveals that Generative AI is becoming increasingly important in business, with 60% of CEOs stating that competitive advantage relies on advanced generative AI. However, more than half of the CEOs surveyed are facing challenges in filling key technology positions essential for driving innovation. To … Read more
At IBM’s annual THINK conference, the company unveiled new updates to its watsonx platform, a year after its initial launch. Additionally, IBM released a series of IBM Granite models in open source, including high-performing LLMs that can surpass larger models in various benchmarks. These announcements reflect IBM’s commitment to innovation and advancement in the field … Read more
Arora Engineers and JFK Millennium Partners have announced their collaboration to deploy IBM’s Maximo Enterprise Asset Management (EAM) software and Arora’s ATLAS suite of mobile products for the construction of the new $4.2 billion JFK Terminal 6 (T6) in Queens, New York. Arora will be responsible for fire protection, plumbing, special systems, and electrical engineering … Read more
Two senior executives from IBM emphasized the need for India to adopt open source artificial intelligence (AI) models to preserve cultural and linguistic representation and maintain independence in technology. IBM is dedicated to an open innovation strategy for AI and believes in fostering an AI ecosystem through collaboration. Dario Gill, IBM’s research director, highlighted India’s … Read more
The recent financial report from Palo Alto Networks did not meet investor expectations due to its conservative guidance, causing the company’s stock to drop. Despite reporting a 15% year-over-year increase in revenue for the fiscal third quarter, Palo Alto’s forecast for the fourth quarter fell short of impressing investors. Additionally, the company revised its full-year … Read more
IBM announced that it will be releasing a set of AI models as open source software and will assist Saudi Arabia in training an AI system in Arabic. This move marks IBM’s unique approach to monetizing AI in comparison to its competitors like Microsoft. The company, headquartered in Armonk, New York, is focused on making … Read more
IBM and Adobe are working together to leverage Generative AI to help companies create personalized experiences for their customers. This partnership combines technology and consulting services to drive innovation through hybrid cloud infrastructure, data, applications, and a multi-model generative AI approach. The goal is to inspire joint customers to create exceptional, personalized experiences at scale … Read more
International Business Machines Co., trading on the New York Stock Exchange under the ticker symbol IBM, saw a 2% increase in its stock price during midday trading on Tuesday. The stock reached a high of $174.97 and closed at $173.33, with a total of 2,101,584 shares changing hands. This marked a 56% decrease from the … Read more
Artificial intelligence (AI) is revolutionizing the business sector, driving strategic initiatives and innovative approaches. IBM Corp. has been an early adopter of AI and is now positioning itself to lead in the current technological boom. Zeus Kerravala, director of ZK Research, emphasized the importance of integrating critical data and collaborating with open source technologies to … Read more