IBM’s ‘accelerating’ AI demand helps power stock higher after earnings

IBM’s ‘accelerating’ AI demand helps power stock higher after earnings

International Business Machines Corp.’s stock was riding about 5% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter and called out an uptick in artificial-intelligence demand. The company posted net income of $3.3 billion, or $3.55 a share, compared with $2.9 billion, or $2.96 a share, in the …

Read more

American Tower and IBM to Bring Edge Cloud Services to Enterprises for Enhanced Innovation and Customer Experiences

American Tower and IBM to Bring Edge Cloud Services to Enterprises for Enhanced Innovation and Customer Experiences

American Tower and IBM to Bring Edge Cloud Services to Enterprises for Enhanced Innovation and Customer Experiences New collaboration will leverage 5G and AI to drive edge applications across industries. By Hillery Hunter, CTO and GM of Innovation, IBM Infrastructure and Ed Knapp, CTO and Senior VP at American Tower Corporation January 05, 2024 …

Read more

Quantum computing sparks interest at 4 South Dakota universities

Quantum computing sparks interest at 4 South Dakota universities

Four of South Dakota’s public universities want to come together to lead the future of quantum computing, which Gov. Kristi Noem has said is the state’s “next big industry.” Dakota State University, South Dakota Mines, South Dakota State University and the University of South Dakota are all partnering for a new Center for Quantum Information …

Read more

IBM and Top Universities to Advance Quantum Education for 40,000 Students in Japan, South Korea, and the United States

IBM and Top Universities to Advance Quantum Education for 40,000 Students in Japan, South Korea, and the United States

TOKYO, Dec. 13, 2023 /PRNewswire/ — Today, IBM (NYSE: IBM) announced the company intends to engage with Keio University, The University of Tokyo, Yonsei University, Seoul National University, and The University of Chicago to work together to support quantum education activities in Japan, Korea, and the United States. IBM intends to deliver educational offerings, in combination …

Read more

NASA and IBM are building an AI for weather and climate applications

NASA and IBM are building an AI for weather and climate applications

and have teamed up to build an AI foundation model for weather and climate applications. They’re combining their respective knowledge and skills in the Earth science and AI fields, respectively, for the model, which they say should offer “significant advantages over existing technology.” Current AI models such as GraphCast and Fourcastnet are already . However, …

Read more

Apple: Read X CEO Linda Yaccarino’s memo to employees on Apple, IBM, others suspend advertising

Apple: Read X CEO Linda Yaccarino’s memo to employees on Apple, IBM, others suspend advertising

Apple, IBM, Sony and Warner Bros. are among top companies that have paused advertising on X (formerly Twitter). A report from media watchdog said that these companies have announced that they will suspend all advertising on the platform after company owner Elon Musk endorsed an antisemitic conspiracy theory. The report by Media Matters also claimed …

Read more

Linda Yaccarino: Why marketing leaders are urging X CEO Linda Yaccarino to resign

Linda Yaccarino: Why marketing leaders are urging X CEO Linda Yaccarino to resign

Elon Musk hired NBCUniversal’s Linda Yaccarino to turn around the company’s fortunes by bringing back advertisers who paused advertising on the platform. Under Yaccarino’s leadership, the company reported that advertisers have started to come back to the platform until last week, when it was reported that a lot of companies, including IBM and Apple, have …

Read more