IBM CEO: ‘AI to cut 7,800 jobs in next five years’
IBM CEO Arvind Krishna expects AI to eliminate up to 7,800 jobs at the company. 30 percent of current non-customer-facing employees are set not to be needed in the future.
In an interview with Bloomberg, Krishna reveals that IBM will pause hiring additional back-office staff. Think of HR consult... Read more
IBM Watson to be integrated into SAP solutions
SAP users will soon be able to count on AI assistance based on IBM Watson technology. The SAP Start Assistant will help organizations reach insights about data faster in a privacy-friendly way.
SAP CEO Christian Klein promises a better user experience alongside faster and better decisions to tra... Read more
IBM introduces with plug-and-play Watson libraries for AI
IBM released three 'plug-and-play' IBM Watson AI libraries that allow developers to implement trained AI models in applications. Big Blue wants to help developers adopt AI functionality.
The three AI libraries allow trained AI models to be directly implemented in software, eliminating the need t... Read more
IBM acquires data observability startup Databand.ai
IBM recently acquired data observability startup Databand.ai. The technology improves data quality to fix large-scale problems.
The Israeli company expands IBM's big data offering. Business decisions are increasingly dependent on big data. Companies benefit from tools that shed light on the qua... Read more
IBM plans to sell its Watson Health division for more than $1 billion
IBM has plans to sell its Watson Health unit. The establishment aims to receive more than one billion from sales.
Last February, IBM initially planned to sell the Watson Health unit. In the previous year, the Watson Health division was rumored to earn more than 1 billion dollars yearly revenue. ... Read more
IBM Watson receives federated learning and time series updates
IBM is making updates to the Watson AI technology, for business use. The company will add support for federated learning and time series capabilities in Watson Studio. The changes are designed to help customers build AI solutions they can trust, according to Big Blue.
The company also said that ... Read more
‘IBM to sell Watson Health branch’
There are rumours that IBM is planning to sell its Watson Health branch. IBM aims to streamline its activities more and no longer consider the branch profitable enough.
The Wall Street Journal writes this based on people familiar with the matter. IBM would like to focus more on the world of clou... Read more
IBM building tool for low-code AI apps with Palantir
IBM has announced that it has partnered with Palantir Technologies to add AI techniques to its analytics tools. The techniques will become part of IBM Cloud Pak.
The new product will be called Palantir for IBM Cloud Pak. It is intended to help users build applications that incorporate IBM's Wats... Read more
IBM plans to acquire app monitoring startup Instana
IBM announced that it is planning to acquire the Chicago-based application monitoring startup, Instana. The startup has raised more than $50 million from investors like Meritech Capital Partners and Accel.
No terms of the deal have been disclosed. Instana’s platform is named after the company ... Read more
IBM and ServiceNow parter to AI-powered troubleshooting
The joint project will deliver provide automatic problem detection powered by IBM’s Watson AIOps product.
IBM and ServiceNow announced on Thursday a strategic partnership to help companies reduce operational risk and lower costs. They plan to achieve these goals by applying AI to automate IT o... Read more