IBM Harnesses Artificial Intelligence to Reduce Expenses and Improve Productivity – Updates on Digital Transformation

IBM Harnesses Artificial Intelligence to Reduce Expenses and Improve Productivity – Updates on Digital Transformation

IBM is harnessing the power of artificial intelligence (AI) to streamline operations and cut costs. Viswanath Ramaswamy, vice president of technology at IBM India and South Asia, noted that the company is utilizing generative AI to test its own products and services before implementing them. This approach allows IBM to develop use cases that can … Read more

IBM CEO Expresses Uncertainty Regarding Implementing Fees for AI Models

IBM CEO Expresses Uncertainty Regarding Implementing Fees for AI Models

In a recent interview, IBM CEO Arvind Krishna discussed the company’s approach to monetizing AI models. Krishna admitted that IBM is still exploring the most effective way to sell AI models to customers. He stated that the company is open to different methods of monetization and will take cues from customer preferences. Krishna’s comments reflect … Read more

IBM and Salesforce Strengthen Partnership to Enhance Open and Trusted AI and Data Ecosystems.

IBM and Salesforce Strengthen Partnership to Enhance Open and Trusted AI and Data Ecosystems.

IBM and Salesforce have announced an expanded strategic partnership to combine IBM watsonx’s AI and data platform capabilities with Salesforce’s Einstein Platform 1. This collaboration aims to provide customers with greater flexibility in implementing data and artificial intelligence solutions to help make data-driven decisions directly in their workflow. The partnership will enable organizations to access … Read more

5 Bold Statements from IBM’s CEO on Latest Products, Artificial Intelligence, and Quantum Computing

5 Bold Statements from IBM’s CEO on Latest Products, Artificial Intelligence, and Quantum Computing

The CEO of IBM, Arvind Krishna, made significant announcements during his keynote speech at IBM Think 2024, focusing on new product launches, artificial intelligence, and the company’s vision for quantum computing. Krishna emphasized the changing role of technology, stating that it is now about driving businesses to increase revenue, gain scale, and capture market share … Read more

Allam Model from Saudi Arabia partners with IBM Watson as a leading Arabic language generator

Allam Model from Saudi Arabia partners with IBM Watson as a leading Arabic language generator

The Saudi Data and Artificial Intelligence Authority (SDAIA) recently announced that its ALLaM model, which generates Arabic text, has been included in IBM’s Watsonx platform. This announcement was made at the IBM Think event in Boston, highlighting ALLaM’s advanced technical capabilities. The model underwent rigorous testing during its experimental phase to ensure it could compete … Read more

Current Top Stock Performers: Peloton, IBM, Eli Lilly, and Others

Current Top Stock Performers: Peloton, IBM, Eli Lilly, and Others

The Dow, S&P 500, and Nasdaq saw little change at midday on Tuesday, May 21, 2024, as the market reacted to corporate earnings news and comments from Federal Reserve officials regarding interest rates. Eli Lilly shares rose after the company’s drug for ulcerative colitis also showed positive results in treating Crohn’s disease. Peloton shares, on … Read more

IBM Embraces Open-Source Services with Latest Watsonx Updates

IBM Embraces Open-Source Services with Latest Watsonx Updates

During the Think Conference 2024, IBM announced significant changes to its Watsonx platform to enhance the accessibility, affordability, and flexibility of its AI capabilities. CEO Arvind Krishna emphasized the importance of open innovation in AI and announced initiatives to contribute to the open-source AI community. One key initiative is the open sourcing of IBM’s Granite … Read more

IBM’s Latest Generation of Artificial Intelligence Research: Tech Tuesdays

IBM’s Latest Generation of Artificial Intelligence Research: Tech Tuesdays

In the latest news in the tech industry, platform integration and Generative AI (AI generation) are taking center stage. PTC and MakerSights have teamed up to revolutionize retail operations by introducing a standardized connector that enhances seamless data integration between PTC’s PLM solution, FlexPLM, and MakerSights’ consumer feedback platform. This collaboration aims to improve efficiency … Read more

IBM secures $279 million USCIS application development contract

IBM secures 9 million USCIS application development contract

IBM has secured a five-year, $279 million task order from the U.S. Citizenship and Immigration Services agency to develop and maintain applications for the USCIS verification information system, including E-Verify. This system is used by employers to verify individuals’ eligibility to work in the U.S. and by agencies to verify immigration status for benefit applications. … Read more