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IBM Study: More Companies Turning to Open-Source AI Tools to Unlock ROI
Prnewswire· 2024-12-19 13:00
85% of IT decision makers surveyed reported progress in their companies' 2024 AI strategy, with 47% saying they have already achieved positive ROI Nearly half of surveyed companies are looking to open-source AI to optimize their investments in 2025 ARMONK, N.Y., Dec. 19, 2024 /PRNewswire/ -- New research commissioned by IBM (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward. IBM Stu ...
Quantum Computing Market Infused with Artificial Intelligence Poised for Significant Usage & Growth
Newsfilter· 2024-12-18 14:15
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum computing is a revolutionary technology in computer science that utilizes the principles of quantum mechanics to process information. Unlike classical computers that use bits with a value of 0 or 1, quantum computers use qubits, which can exist in multiple states at once, enabling them to solve complex problems much faster. Quantum computing has the potential to revolutionize industries such as finance, healthcare, ...
Lockheed Martin Adds IBM Granite to its Suite of Next-Generation AI Factory Tools
Prnewswire· 2024-12-18 13:00
ARMONK, N.Y., Dec. 18, 2024 /PRNewswire/ -- Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of AI-driven innovation. In a new collaboration, IBM's high-performing, enterprise-ready Granite large language models (LLMs)  will be integrated into Lockheed Martin's AI Factory tools, which are accessed by more than 10,000 Lockheed Martin developers and engineers.  Lockheed Martin's AI Factory environment acce ...
New York Emerging Technology Advisory Board Publishes First Report Outlining Vision to Elevate Leadership in AI
Prnewswire· 2024-12-12 23:04
The report builds on Governor Kathy Hochul's efforts to advance New York's global reputation as the place where businesses come to grow, innovate, and create the future of emerging technologies. NEW YORK, Dec. 12, 2024 /PRNewswire/ -- (NYSE: IBM) – The Emerging Technology Advisory Board (ETAB) today released its first report to elevate New York as an AI leader. The report provided recommendations to bolster the State's commitment to responsible development and implementation of AI. First introduced by Gover ...
IBM and State of Illinois to Build National Quantum Algorithm Center in Chicago with Universities and Industries
Prnewswire· 2024-12-12 20:00
Anchored by next-generation IBM Quantum System Two in Illinois Quantum and Microelectronics Park, new initiative will advance useful quantum applications as industries move towards quantum-centric supercomputing YORKTOWN HEIGHTS, N.Y. and CHICAGO, Dec. 12, 2024 /PRNewswire/ -- Today, IBM (NYSE: IBM) and Illinois Governor JB Pritzker announced a collaboration to establish the new National Quantum Algorithm Center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago.Anchored by IBM and other qu ...
IBM Study: Vehicles Believed to be Software Defined and AI Powered by 2035
Prnewswire· 2024-12-12 16:00
ARMONK, N.Y., Dec. 12, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) Institute for Business Value today published its latest 'Automotive 2035' study which reveals an industry grappling with an erratic transition away from current products and business models.The study highlights that over the next decade, 80% of new cars will have a powertrain that will be electrified to some extent, according to respondents. The findings also reveal that: 74% of executives surveyed believe that by 2035 vehicles will be software ...
IBM (IBM) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-12-11 23:52
IBM (IBM) closed at $230.12 in the latest trading session, marking a -0.69% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.82% for the day. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq appreciated by 1.77%.The technology and consulting company's stock has climbed by 9.89% in the past month, exceeding the Computer and Technology sector's gain of 1.43% and the S&P 500's gain of 0.8%.The investment community will be closely monitoring the ...
IBM: Big Blue, Big Opportunities In 2025
Seeking Alpha· 2024-12-11 03:43
This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...
QANplatform Becomes IBM Business Partner
Newsfile· 2024-12-04 17:27
Tallinn, Estonia--(Newsfile Corp. - December 4, 2024) - QANplatform, the game-changing Layer 1 blockchain platform, announces its partnership with IBM as an official IBM Business Partner. They are introducing QAN Q-Cluster, a tamper-proof and self-auditing system that utilizes AI for log anomaly detection and incorporates quantum-resistant blockchain technology for provable durability and persistence. This collaboration highlights their commitment to providing secure and innovative solutions that address re ...
IBM Stock Surges 39% YTD: Time to Include in Your Portfolio?
ZACKS· 2024-12-02 21:01
Buoyed by strong demand for hybrid cloud and AI (artificial intelligence), International Business Machines Corporation (IBM) has surged 39% year to date compared with the industry's growth of 13.1%, outperforming peers like Microsoft Corporation (MSFT) and Amazon.com, Inc. (AMZN) . Image Source: Zacks Investment Research IBM, MSFT, AMZN 2024 Stock Price Performance IBM Set to Benefit From Cloud, AI Focus IBM is poised to benefit from healthy demand trends for hybrid cloud and AI, which drive the Software an ...