IBM
- Business
Tech Mahindra, IBM open Synergy Lounge to boost digital adoption in APAC
New Delhi: Tech Mahindra in collaboration with tech major IBM on Friday announced the opening of a Synergy Lounge to accelerate digital adoption for enterprises in APAC (Asia-Pacific). Located at Tech Mahindra’s…
- Technology
AI will create more jobs than it destroys: IBM India
New Delhi: As generative artificial intelligence (AI) begins to threaten certain jobs, Sandip Patel, Managing Director, IBM India/South Asia, has said that AI will actually create more job options that it destroys.…
- Business
IBM to acquire 2 data integration platforms from Software AG for $2.3 bn
San Francisco: Tech major IBM on Monday announced to acquire two data integration assets from Germany-based enterprise software company Software AG for 2.13 billion euros ($2.3 billion). IBM entered into a definitive…
- Technology
IBM launches $500 mn venture fund to invest in range of AI firms
New Delhi: IT major IBM on Wednesday announced that it is launching a $500 million venture fund to invest in a range of artificial intelligence (AI) companies — from early-stage to hyper-growth…
- Business
Our investment in India will keep growing: IBM CEO Arvind Krishna
New Delhi: Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R and D) centres in India and the…
- Technology
40% of employees will have to reskill in next 3 years due to AI: Study
New Delhi: About 40 per cent of workers will need to reskill due to artificial intelligence (AI) and automation over the next three years, which translates to 1.4 billion of the 3.4…
- Technology
IBM’s prototype ‘brain-like’ chip promises greener AI
San Francisco: Tech major IBM has said that its prototype ‘brain-like’ chip could make artificial intelligence (AI) more energy efficient. There are growing concerns about the emissions generated by the large warehouses…
- Technology
IBM acquires Apptio for $4.6 bn in all-cash deal
San Francisco: Tech major IBM on Monday announced it is acquiring Apptio, a leader in financial and operational IT management and optimisation (FinOps) software, for $4.6 billion in an all-cash deal. The…
- Technology
IBM achieves new breakthrough in quantum computing
New Delhi: Tech major IBM has announced a new breakthrough in quantum computing, demonstrating for the first time that quantum computers can produce accurate results at a scale of more than 100…
- Technology
IBM to invest USD 100 million to build a 100,000-qubit supercomputer
New Delhi: Tech major IBM on Sunday announced a $100 million collaboration with the University of Tokyo and the University of Chicago to develop a quantum-centric supercomputer powered by 100,000 qubits by…
- Technology
IBM plans hiring freeze as AI could replace 7,800 jobs
IBM is implementing a hiring freeze for specific positions due to its expectations that an estimated 7,800 jobs within the IT major could be replaced by artificial intelligence (AI). IBM CEO Arvind…
- Technology
IBM’s Red Hat to lay off about 760 employees globally
New Delhi: Open source solution provider Red Hat will lay off nearly 4 per cent of its global workforce, or about 760 employees, the media reported on Monday. The North Carolina-based software…
- Technology
US NSF signs $50 mn pact with Ericsson, IBM, Intel, Samsung for chip design
San Francisco: The US National Science Foundation (NSF) has announced that it has signed a $50 million pact with Ericsson, IBM, Intel and Samsung to support the design of the next-generation semiconductors.…
- Technology
IBM lays off 3,900 employees, bets big on hybrid cloud, AI
New Delhi: Tech giant IBM is laying off 3,900 employees, which is a result of the spinoff of IT infrastructure services provider Kyndryl business and part of the AI unit called ‘Watson…
- Technology
Security, talent crunch worry Indian firms on Hybrid Cloud journey
New Delhi: As organisations face skills gaps, security challenges and compliance obstacles, only 30 per cent of the Indian firms are able to manage their Hybrid Cloud environments holistically which can create…
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