International Business Machines Co. stock price rose by 0.2% during midday trading on Friday, reaching $170.94. The stock saw a decrease in trading volume compared to the average session volume. Wall Street analysts have varying outlooks on IBM, with some lowering price targets and others raising them. The company recently reported its quarterly earnings, beating … Read more
A recent report from a health care insurers management service has revealed a breach that occurred in 2023. This breach has raised concerns about the security of patient information within the healthcare industry. In other cybersecurity news, IBM has announced its unexpected exit from the cybersecurity software market. This move has caught many industry experts … Read more
IBM Corp.’s announcement of watsonx a year ago sparked concerns about its advancements in artificial intelligence technology. However, the company has since shifted its focus towards AI middleware, allowing clients to utilize enterprise data with open source language models and IBM’s tools. This move marks a significant departure from its previous AI initiatives. IBM’s long-term … Read more
Artificial intelligence is expected to contribute $4 trillion to annual GDP productivity by 2030, but the industry is still in its early stages with ongoing experimentation. IBM made significant announcements at IBM Think 2024 regarding its watsonx platform, emphasizing middleware for AI. Ritika Gunnar, IBM’s General Manager of Data and AI, expressed excitement about the … Read more
Arvind Krishna, the President and CEO of IBM, recently discussed IBM’s new products, the vision for quantum computing, and the keys to realizing the productivity promise of generative AI at the IBM Think 2024 event in Boston. He emphasized that technology is no longer just about efficiency, but also about driving revenue, scalability, and market … Read more
IBM, a 113-year-old technology company, is taking a different approach to generative AI compared to its competitors. Instead of focusing on consumer applications, IBM is targeting GenAI applications for businesses. The company offers large open source language models and AI assistants designed to help businesses modernize their operations and automate tasks. IBM’s GenAI platform, Watsonx, … Read more
In an exclusive interview during the World Federation of Advertisers’ Global Marketer Week, Jonathan Adashek, senior vice president of marketing and communications at IBM, discussed the company’s focus on cutting-edge technologies like artificial intelligence and hybrid cloud solutions. These tools have the potential to revolutionize marketing and business in the near future. Adashek emphasized the … Read more
During the IBM Think Conference, IBM announced a collaboration with Amazon Web Services (AWS) to bring IBM’s Watsonx AI and data platform offerings to AWS services. This partnership will involve integrating IBM watsonx.governance and Amazon SageMaker to help customers manage risk, compliance obligations, and support model development in line with regulatory requirements like the EU … Read more
Bullish options activity has been identified in IBM, with 21,584 calls traded, which is three times the expected amount. The implied volume has also increased by over 1 point to 16.82%. The most active options are the May 24 weekly 172.5 calls and the May 24 weekly 175 calls, with a total volume of close … Read more
The Saudi Data and Artificial Intelligence Authority revealed that Allam, a generative artificial intelligence platform catering to Saudi Arabia and Arabic speakers globally, has been integrated into operations. The platform serves as a valuable tool for various sectors and industries. Article Source https://arab.news/cztzd