Summary: IBM is viewed as having growth potential in AI, and the author emphasizes a long-term investment approach focusing on business fundamentals. The author prefers Buy or Hold ratings and avoids issuing Sell recommendations.
Full articleSummary: IBM has finalized the expansion of a data center in Poughkeepsie, New York, and installed the second IBM Heron quantum processor at the facility. IBM announced plans to invest $20 billion in New York's Hudson Valley Region over the next 10 years to advance discoveries in quantum computing, semiconductors, artificial intelligence, and hybrid cloud. The company expects the Poughkeepsie data center to serve as a global hub for its Quantum Network.
Full articleSummary: The Goldman Sachs Group raised the price target on International Business Machines Co. (IBM) from $220.00 to $250.00, resulting in a 0.1% increase in the stock price. Several analysts have also recently upgraded their ratings on IBM, with a mix of buy, outperform, and sell ratings. Institutional investors have made notable changes in their positions in the stock.
Full articleSummary: IBM Watsonx.data now supports data-build-tool, Apache Airflow, and VSCode for efficient data pipeline management. Features such as dbt compatibility for Spark and Presto engines, automated orchestration through Airflow, and an integrated development environment via VSCode empower teams to simplify and streamline data workflows.
Full articleSummary: IBM has expanded its Quantum Data Center in Poughkeepsie, New York, with advanced quantum hardware architectures and the deployment of the IBM Quantum Heron processor, offering improved performance and speed. Users can now leverage these systems to explore new quantum algorithms via the cloud.
Full articleSummary: IBM announced the development of an open source AI model dedicated to climate issues in collaboration with NASA and the U.S. Department of Energy's Oak Ridge National Laboratory, providing access to 40 years of NASA Earth observation data.
Full articleSummary: IBM is acquiring Kubecost, a leading Kubernetes cost monitoring and optimization software company, to enhance its FinOps solutions and support for FinOps and DevOps teams. This acquisition complements IBM's recent purchase of Apptio in 2023, strengthening its container cost management capabilities in the IBM FinOps Suite.
Full articleSummary: IBM announced a new AI foundation model for weather and climate use cases, developed in collaboration with NASA and Oak Ridge National Laboratory.
Full articleSummary: IBM and Microsoft opened three new IBM-Microsoft Experience Zones in different locations to provide hands-on access to Microsoft's suite of technologies and assist clients in driving business innovation.
Full articleSummary: IBM has acquired Kubecost, a FinOps startup specializing in monitoring and optimizing Kubernetes clusters, as part of its efforts to enhance IT and FinOps capabilities. Kubecost's acquisition follows IBM's previous acquisition of Apptio in the FinOps space.
Full articleSummary: IBM emphasizes the importance of AI skills for job success and well-being, stating that every industry will be revolutionized by AI.
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