IBM
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IBM eyes Oracle expertise gains with latest acquisition
IBM has announced plans to acquire global Oracle consultancy Applications Software Technology in an effort to bolster its Oracle expertise. Applications Software Technology specializes in driving business transformation with Oracle Cloud Applications, particularly for clients in the public sector such as local government and education. IBM said the deal will enhance its Oracle solutions for clients across North America, the…
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IBM and GlobalFoundries settle long-running legal cases
IBM and semiconductor firm GlobalFoundries have settled a long-running dispute over intellectual property. Back in 2015, GlobalFoundries – the chipmaking unit of AMD which was spun out in 2009 – took over IBM’s loss-making chip-manufacturing operation. It agreed to provide IBM with high-performance Power processors for mainframes and IBM’s Watson AI technology as the sole supplier over a ten-year period.…
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UK regulator to investigate IBM takeover of HashiCorp
The UK’s Competition and Markets Authority (CMA) has launched a preliminary investigation into IBM’s acquisition of HashiCorp. The regulator said it’s concerned that the $6.4 billion deal would lead to a substantial lessening of competition. It has put out a call for comment, set to close on 16 January, and revealed it will decide whether to refer the merger for…
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IBM just launched powerful new open source AI models – here’s what you need to know
IBM has launched the latest versions of its Granite AI models, claiming they match or surpass everything else currently available on the market. The new models are open source, released under the Apache 2.0 license, and the Granite 3.0 8B and 2B language models in particular are being pitched as ‘workhorse’ models for tasks such as Retrieval Augmented Generation (RAG),…
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IBM has reportedly laid off thousands – Computerworld
IBM spokesperson Sarah Minkel emailed a rather vague statement to Computerworld that seemed to confirm the layoffs: “Early this year, IBM disclosed a workforce rebalancing charge that would represent a very low single digit percentage of IBM’s global workforce, and we still expect to exit 2024 at roughly the same level of employment as we entered with.” The Register did…
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IBM on Future Cybersecurity: Passkeys, Deepfakes, Quantum Computing
“The internet will be a lot safer in five years than it is today, thanks to technological advances that address common problems at scale.” This prediction by Chris Hockings, CTO of IBM Asia Pacific, might seem a bit ambitious given that AI-powered cybercrime is growing at an exponential rate, deepfake technology is enhancing social engineering attacks, and the power of…
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