Dinesh Nirmal, the head of IBM Software, is focused on incorporating GenAI into every product IBM creates to increase developer productivity worldwide. Nirmal believes that automation is one of the major advantages of GenAI, leading to optimizations and productivity gains. IBM Software has experienced productivity gains of 30-40 percent in certain software development segments due … Read more
Generative AI is proving to be a lucrative market for technology companies, offering tangible benefits such as cost reduction and increased capacity. Microsoft is a key player in this field, with their AI assistant Copilot enhancing productivity and creativity in various tools. Custom copilots are also available for businesses seeking tailored solutions. IBM Consulting has … Read more
Intel’s stock rose around 5% on Monday as the Lunar Lake chip gained attention. This chip is expected to boost Intel’s entry into the AI-powered laptop market. The Clearbridge Large Cap Value Strategy fund is promoting investment in Intel, while Melius Research predicts a comeback for Intel with a new AI chip. Analyst Ben Reitzes … Read more
Intel Co. has seen an increase in its shares by Ashton Thomas Private Wealth LLC, which raised its holdings by 19.3% in the first quarter. Other hedge funds like Vanguard Group Inc. and Capital International Investors also increased their stakes in Intel. The company’s stock performance has seen highs and lows, with a current market … Read more
IBM recently published a blog post criticizing OpenAI’s decision to create a new language model named GPT-3. The post argues that GPT-3’s capabilities may pose risks to society and questions whether OpenAI has adequately addressed these concerns. IBM also emphasizes the importance of transparency, explainability, and accountability in AI development. Meanwhile, Vodafone has announced the … Read more
Rep. Nancy Pelosi and her husband Paul adjusted their investment portfolio last month, purchasing shares in semiconductor giants Nvidia and Broadcom. Pelosi, known for her investment choices, bought 10,000 shares of Nvidia and 20 call options on Broadcom with an exercise price of $800. Both companies have seen significant gains this year due to increased … Read more
Aviance Capital Partners LLC increased their holdings in Cisco Systems, Inc. by 8.4% in the first quarter, purchasing an additional 6,454 shares. They now own 83,291 shares worth $4,157,000. Other institutional investors have also raised their stakes in CSCO shares recently. Healthcare of Ontario Pension Plan Trust Fund, Roble Belko & Company Inc, Louisiana State … Read more
Hewlett Packard Company HPE has recently enhanced its GreenLake edge-to-cloud platform with new application, analytics, and development services. This update enables enterprises to drive a data-first modernization strategy for production workloads in hybrid cloud environments, providing an automated, flexible, scalable, and fully managed private cloud solution. The latest features include expanded container deployment options for … Read more
Azul, a company focused solely on Java solutions, has announced significant growth and momentum in the Asia Pacific region. Organizations in the region are turning to Azul’s OpenJDK solutions to address cost and performance challenges stemming from changes in Oracle’s Java SE pricing and rising cloud infrastructure costs. Azul’s offerings, including Azul Platform Core and … Read more
Azul, a platform provider, has experienced significant growth in the Asia Pacific region due to the challenges arising from Oracle’s Java pricing changes and increasing cloud infrastructure costs. Organizations in APAC are turning to Azul Platform Core as a cost-effective and secure solution, resulting in a 70 percent decrease in support fees compared to Oracle … Read more