Web
Analytics
The news is by your side.

IBM

IBM buys software company Red Hat for $34 billion

IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among the biggest tech mergers in history which the computing giant said would enhance its cloud offerings. If approved it will be the third biggest tech merger in history, according to business news site CNBC. Red Hat said it was the biggest involving a software company. The deal will see IBM acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, more than $70 above the $116.68…

IBM launches enterprise-ready blockchain service to allow businesses build apps

NEW YORK: International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation. The US technology company said on Monday its new product called IBM Blockchain was the first service for developers to build enterprise-grade technology using Hyperledger Fabric, the first code set to be released by the open source group. The Fabric blockchain can process more than 1,000…

IBM to integrate MedyMatch technology to help spot brain bleeding

Israel's MedyMatch Technology said on Thursday IBM Watson Health would integrate MedyMatch's technology into its offerings to imaging experts in hospitals to help doctors identify intracranial bleeding from head trauma and stroke. Initially, IBM Watson Health will distribute the MedyMatch brain bleed detection application globally through its sales channels. Later, IBM Watson Health and MedyMatch will develop interoperability between MedyMatch's application and IBM Watson Health Imaging's offerings. Read More: IBM…

IBM makes 5 predictions about what life would be like after 2022

It has been about a decade since technology giant IBM has been making annual predictions about the future technologies which could have the biggest impact on our lives. SCROLL DOWN FOR VIDEOS IBM has released its latest list of five technologies which are most likely to be innovated in the next five years. According to the company, by 2022, we are set to see huge developments in artificial intelligence (AI), ultra-powerful telescopes, smart sensors, and medical devices - with benefits ranging from healthcare and the…

IBM, Google, others to unveil new open interface to take on Intel

Technology giants IBM Corp, Google and seven others have joined hands to launch an open specification that can boost datacenter server performance by up to ten times, to take on Intel Corp. The new standard, called Open Coherent Accelerator Processor Interface (OpenCAPI), is an open forum to provide a high bandwidth, low latency open interface design specification. The open interface will help corporate and cloud data centers to speed up big data, machine learning, analytics and other emerging workloads. The consortium…

IBM, Google, others to unveil new open interface to take on Intel

COLORADO: Technology giants IBM Corp, Google and seven others have joined hands to launch an open specification that can boost datacentre server performance by up to ten times, to take on Intel Corp. The new standard, called Open Coherent Accelerator Processor Interface (OpenCAPI) is an open forum to provide a high bandwidth, low latency open interface design specification. The open interface will help corporate and cloud data centers to speed up big data, machine learning, analytics and other emerging workloads. The…

Tech giants race for edge in artificial intelligence

SAN FRANCISCO: Major technology firms are racing to infuse smartphones and other internet-linked devices with software smarts that help them think like people. The effort is seen as an evolution in computing that allows users to interact with machines in natural conversation style, telling devices to tend to tasks such as ordering goods, checking traffic, making restaurant reservations or searching for information. The artificial intelligence (AI) component in these programs aims to make create a world in which everyone…