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AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud
Business Insider· 2024-11-12 16:50
AWS is negotiating a potential $475 million AI cloud deal with IBM.IBM already uses AWS services for AI, including training models on EC2 servers with Nvidia chips.Amazon said its AI business is growing at "triple digit percentages" annually. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you'r ...
New IBM Report Shows Strong Tailwinds Behind Corporate Investment in AI for Sustainability; But Ambitions Don't Yet Match Actions
Prnewswire· 2024-11-12 14:00
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 ...
IBM "AI in Action" Report Identifies Key Characteristics of Businesses That Consider Themselves Leaders in AI
Prnewswire· 2024-11-08 13:55
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 ...
Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields
Benzinga· 2024-11-08 13:48
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 ...
IBM Selected as Official Fan Engagement and Data Analytics Partner for Scuderia Ferrari HP
Prnewswire· 2024-11-07 16:00
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 ...
Fresche Solutions Acquires Redbourn Business Systems to Expand IBM i Synon/CA 2E Services in the UK and Europe
GlobeNewswire News Room· 2024-11-06 16:12
SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services. This strategic move reinforces Fresche’s commitment to customers, partners, and organizations invested in IBM mid-range solutions and expands its footprint to further support clients in the UK and Europe who require specialized Synon/CA 2E expertise. This ac ...
Will IBM's Expanded Capabilities in Microsoft Cloud Aid the Stock?
ZACKS· 2024-11-05 16:16
International Business Machines Corporation (IBM) recently announced that its Apptio portfolio of enterprise agile planning (EAP), IT financial management and cloud FinOps solutions will be available on Microsoft Azure – the cloud computing platform of Microsoft Corporation (MSFT) . Also, IBM expanded the global availability of its software portfolio to 14 additional countries on the Azure Marketplace to better serve customers on their digital transformation journeys.IBM’s EAP software eases the operation s ...
IBM Post-Earnings Summary: Liking 'IBM Light' - Buy IBM's Pullback, As Old Tech Finds A Bid
Seeking Alpha· 2024-11-05 00:25
Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xav ...
IBM(IBM) - 2024 Q3 - Quarterly Report
2024-10-30 20:09
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTER ENDED SEPTEMBER 30, 2024 1-2360 (Commission file number) INTERNATIONAL BUSINESS MACHINES CORPORATION (Exact name of registrant as specified in its charter) New York (State of incorporation)13-0871985 (IRS employer identification number) One New Orchard Road Armonk, New York (Address of principal executive off ...
IBM Brings Apptio Product Portfolio to the Microsoft Cloud to Help Organizations Make Informed Technology Planning Decisions
Prnewswire· 2024-10-29 13:00
IBM Software Portfolio on the Azure Marketplace Expands GloballyARMONK, N.Y., Oct. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today that it is bringing the Apptio portfolio of enterprise agile planning (EAP), IT financial management, and cloud FinOps solutions to Microsoft Azure. In addition, IBM announced their global expansion of IBM Software availability on the Azure Marketplace making it easier for customers to buy software directly on the marketplace while using their Microsoft Azure Consumptio ...