IQM Quantum Computers (IQM) has partnered with Amazon Braket to offer access to IQM Garnet, a 20-qubit quantum processing unit (QPU) based on superconducting transmon qubits. This collaboration marks the first time that IQM quantum computers will be available in an on-demand, self-service model through the cloud. Users of Amazon Braket can utilize IQM Garnet … Read more
Jump Financial LLC increased its stake in Oracle Co. by 6.6% during the fourth quarter, adding 294 shares to bring their total holdings to 4,741 shares worth $500,000. Other institutional investors and hedge funds have also made changes to their positions in Oracle. Orion Capital Management LLC purchased a new position, while other firms increased … Read more
Nvidia, a leading company in the field of artificial intelligence, reported strong first quarter results that surpassed expectations. The company’s revenue hit a record high due to increased demand for its AI accelerators, with data center revenues reaching new heights. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend. … Read more
Intel Co. (NASDAQ:INTC) saw a 0.4% increase in its stock price on Wednesday, reaching a high of $32.07 and closing at $31.88. Trading volume was lower than average at 6,618,245 shares. The stock had previously closed at $31.74. Several analysts have issued ratings for INTC, with price target adjustments and ratings such as “neutral” and … 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
During the annual IBM Think conference in Armonk, New York, IBM announced a partnership with Amazon Web Services (AWS) to make its full portfolio of Watsonx data and artificial intelligence (AI) platform available for use with AWS services. This collaboration aims to enhance the scaling of AI in the enterprise through an open hybrid approach … Read more
IBM has announced significant updates to its WatsonX generative AI platform, introducing new tools, third-party models, and a stronger dedication to open source AI. The company is aiming to enhance the capabilities of its AI technology and broaden its reach in the industry. The new updates to WatsonX include a variety of supporting tools that … Read more
IBM has announced a collaboration with Amazon Web Services (AWS) to provide access to the full range of products in the Watsonx data and artificial intelligence platform. This partnership was unveiled at the annual IBM Think conference. The companies plan to integrate IBM’s watsonx.governance and Amazon SageMaker to help customers manage model risk and comply … Read more
At the IBM Think conference, IBM announced a partnership with Amazon Web Services (AWS) to make the full range of IBM offerings within the Watsonx data and artificial intelligence (AI) platform available for use with AWS services. This collaboration aims to facilitate the scaling of AI across enterprises through an open hybrid approach with end-to-end … Read more
Victory Capital Management Inc. has increased its stake in Nutanix, Inc. by 30.1% in the fourth quarter, acquiring an additional 7,720 shares of the technology company. The fund now owns 33,370 shares of Nutanix, valued at $1,591,000 according to reports from Holdings Channel. Other hedge funds and institutional investors have also made moves with GAMMA … Read more