MELVILLE, N.Y., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) ("DSC" and the "Company"), a premier provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, for IBM Power systems including IBMi and AIX, today announced that its subsidiary, CloudFirst Europe, has entered into a strategic partnership with Brightsolid, a premier data center provider based in Scotland and part of the DC Thomson group. This collab ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

What makes IBM a hidden AI leader? See how this tech giant is shaping the business-class AI market.You might not think of IBM (IBM -0.92%) as an artificial intelligence (AI) expert. The tech veteran is famous for its early PC computers, business-critical mainframes, and unmatched portfolio of consulting services. But IBM is never the first name that springs to mind in the AI conversation.That perception should change very soon. The company has been a quiet AI leader for decades already, betting a large chun ...

IBM and UFC to develop UFC Insights Engine built with IBM watsonx to offer enhanced fight analysis across viewing platformsARMONK, N.Y. and LAS VEGAS, Nov. 14, 2024 /PRNewswire/ -- IBM (NYSE: IBM) and UFC®️, the world's premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today announced an innovative new partnership that will combine the power of IBM's AI and data platform, watsonx, with the vast global reach of UFC's content platforms to enhance the viewing experience for mi ...

Core Insights - IBM has announced advancements in quantum hardware and software, particularly with the IBM Quantum Heron processor and Qiskit, enabling the execution of complex algorithms with up to 5,000 two-qubit gate operations, significantly enhancing the capabilities of quantum computing [1][2][3] Quantum Hardware and Software Advancements - The IBM Quantum Heron processor is now operational in IBM's global quantum data centers, allowing users to tackle scientific problems in various fields such as materials, chemistry, and life sciences [2] - The improvements in IBM Heron and Qiskit allow for the execution of certain quantum circuits with nearly double the gate operations compared to previous demonstrations, achieving a processing time reduction from 112 hours to 2.2 hours, which is 50 times faster [4] Qiskit Performance and Development - Qiskit has evolved into the most performant quantum software, as evidenced by its high performance in benchmarking tests against other platforms, demonstrating stability, accuracy, and speed [5] - New Qiskit services are being introduced, including generative AI capabilities and tools to optimize quantum circuits, which will facilitate the development of next-generation algorithms [7][8] Integration of Quantum and Classical Computing - IBM's vision for quantum-centric supercomputing aims to integrate quantum and classical computing resources to solve complex problems more efficiently, allowing each architecture to handle parts of an algorithm suited to its strengths [10] - Collaborations with institutions like RIKEN and Cleveland Clinic are exploring algorithms for electronic structure problems, marking significant steps towards quantum-centric supercomputing [11][12] Research and Development Initiatives - RIKEN is working on a hybrid computing platform that integrates its supercomputer with IBM Quantum System Two, aiming to demonstrate quantum-centric supercomputing approaches [16] - Rensselaer Polytechnic Institute is also taking steps to connect its classical supercomputer with IBM Quantum System One, furthering the development of quantum-centric supercomputing on a university campus [17][18]

Core Insights - AWS is negotiating a potential $475 million AI cloud deal with IBM to provide access to Nvidia GPUs through its cloud service [1][3][5] - Amazon's AI business is experiencing significant growth, with annual growth rates in "triple digit percentages" [1][6] - AWS reported $27.5 billion in revenue for the most recent quarter, reflecting a 19% increase year-over-year [7] AWS and IBM Partnership - The potential deal would expand the existing partnership between AWS and IBM, particularly in the AI sector [5] - IBM has already begun using AWS's EC2 servers equipped with Nvidia chips for training AI models [3][4] Demand for Nvidia GPUs - The negotiations underscore the ongoing demand for Nvidia GPUs, which are critical for AI training [6] - AWS has developed its own AI chips, Trainium and Inferentia, and is promoting these alternatives to cloud customers [6] Financial Outlook - Amazon is projected to invest over $75 billion in capital expenditures this year, primarily focused on cloud infrastructure [7] - AWS's AI business is on track to generate "multi-billion dollars" in revenue this year, growing at a faster rate than AWS's previous growth trajectory [6]

Business leaders see the benefits of investing in IT for sustainability, with 88% planning to increase investments in IT for sustainability over the next 12 months90% of executives surveyed believe AI will positively influence sustainability goals — yet more than half of organizations aren't leveraging AI for sustainabilitySignificant perception gap between top execs and their staff on sustainability expectationsARMONK, N.Y., Nov. 12, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released its first-ever State ...

Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest DifferentiatorsNEW YORK, Nov. 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) released a new report called AI in Action that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of IBM by Harris Poll, of 2,000 companies across the U.S., U.K., India, Japan and Germany.According to the findings, of the 2,000 businesses surveyed, 15% reported being ...

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.Below are the ratings of the most accurate analysts for three high-yield ...

ARMONK, N.Y., Nov. 7, 2024 /PRNewswire/ -- IBM (NYSE:IBM) today announced it has entered into a multi-year agreement with Ferrari S.p.A. to become the official Fan Engagement and Data Analytics Partner of Scuderia Ferrari HP, the most renowned Formula 1 team, starting in 2025.The partnership brings together two iconic and enduring brands, both driven by a passion for innovation and a commitment to progress. IBM and Scuderia Ferrari HP will conceive, develop, and deliver world-class digital experiences to br ...