Author: Advanced AI Bot

Shares of International Business Machines (NYSE: IBM) rose 13% in the first quarter of 2025, according to data from S&P Global Market Intelligence. The tech veteran’s stock has taken a modest hit amid the tariff drama of early April, but remains well ahead of the S&P 500 (SNPINDEX: ^GSPC) market index on a year-to-date basis. IBM’s chart diverged from the broader market twice in the first quarter. First, Big Blue reported fantastic fourth-quarter results on Jan. 29. Bottom-line earnings of $3.92 per share beat Wall Street’s consensus estimates by $0.12. CEO Arvind Krishna highlighted strong growth in the Red Hat…

TORONTO, April 16, 2025 /CNW/ – GlassHouse Systems today announced it was the North American winner of the 2025 IBM Partner Plus Award in the “Hybrid by Design” category for North America. The award was presented to GlassHouse Systems for an outstanding hybrid cloud project delivery, which included advisory work and a significant transformation of a large automotive retail client’s environment from on-premises to IBM’s industry-leading IBM Power Virtual Server on IBM Cloud, with integrated access to AWS for additional functionalities. In four months, GHS, IBM, and the client were able to speed up new store provisioning from weeks to minutes while…

New Innovations Unlock Capabilities for Enterprise-Scale AI, Including Large Language Models and Generative AI  User Experience Reimagined via new Assistants and Agents ARMONK, N.Y., April 8, 2025 /CNW/ — IBM (NYSE: IBM) today announced the IBM z17, the next generation of the company’s iconic mainframe, fully engineered with AI capabilities across hardware, software, and systems operations. Powered by the new IBM Telum®  II processor, IBM z17 expands the system’s capabilities beyond transactional AI capabilities to enable new workloads. IBM’s newest mainframe system, IBM z17, fully engineered for AI. IBM Z is built to redefine AI at scale, positioning enterprises to score…

SAN FRANCISCO, April 1, 2025 /CNW/ — Vidwud, an innovative AI-powered video and image creation platform, has officially launched its groundbreaking Image to Video and Text to Video tool. Vidwud simplifies video creation, making it accessible to everyone by offering daily free usage, lightning-fast generation, and stunning video effects with just one click. It’s a must-have AI tool for both casual users and creative enthusiasts. AI-Powered Magic: Images to Videos in Seconds Built on cutting-edge generative AI models, Vidwud’s Image to Video intelligently analyzes content, applying dynamic effects automatically. Users can effortlessly try multiple artistic styles, including anime, cinematic, and…

New ‘Match Chat’ assistant allows tennis fans to ask for and receive real-time insights and analysis during ladies’ and gentlemen’s singles matches  Enhanced ‘Likelihood to Win’ tool will update throughout each game LONDON, June 17, 2025 /PRNewswire/ — The All England Lawn Tennis Club  and IBM (NYSE: IBM) today announced new and enhanced AI-powered digital experiences coming to The Championships, Wimbledon 2025. Making its debut is ‘Match Chat’, an interactive AI assistant that can answer fans’ questions during live singles matches. The ‘Likelihood to Win’ tool is also being enhanced, offering fans a projected win percentage that can change throughout each game. IBM…

NEW YORK, June 12, 2025 /PRNewswire/ — Qodo, the quality-first AI coding platform, released today a comprehensive survey of over 600 developers, revealing that despite widespread adoption of AI coding tools there is still a striking confidence crisis: while 82% use AI coding assistants daily or weekly, very few fully trust the generated code. The ‘The State of AI Code Quality 2025’ report analyzes how AI tools affect software development across productivity, code quality, and developer experience. Key findings from the report include: AI adoption is mainstream – 82% of developers use AI coding tools daily or weekly Productivity advances…

Collaboration Boosts New York’s Quantum Ecosystem to Advance U.S. Quantum Computing Leadership ELMSFORD, N.Y., June 11, 2025 /PRNewswire/ — SEEQC, a leader in scalable and energy-efficient quantum technologies, today announced a strategic technical collaboration with IBM as part of the U.S. Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking Initiative (QBI). The collaboration will explore integrating SEEQC’s Single Flux Quantum (SFQ) chip-based control layer technologies with IBM’s leading-edge quantum systems architecture. SEEQC envisions using its SFQ technologies to shrink and consolidate external racks of classical control hardware by transferring certain elements to a system-on-a-chip that operates adjacent to quantum chips within an…

Company’s Proprietary, Customizable Product is “AI for your UI” that Improves the Viewer Search Experience, User Retention and Time Spent in a Cost-Effective Way cineSearch Now Available to Platforms and OEMs via Google Cloud Marketplace and through Growing Sales Team LOS ANGELES, June 10, 2025 /PRNewswire/ — Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, today announced that the newly-formed Cineverse Technology Group has officially launched cineSearch for Business. The revolutionary, AI-powered content search and discovery tool is complete and now available for commercial licensing to OEMs and streaming platforms, both through the Company’s growing sales team and through Google Cloud Marketplace.…

New AI initiative will co-create gen AI solutions with IBM clients, nurture NYC talent, advance enterprise AI implementations NEW YORK, June 2, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced watsonx AI Labs, a new, developer-first innovation hub in New York City, designed to supercharge AI builders and accelerate AI adoption at scale. watsonx AI Labs connects IBM’s enterprise resources and expertise with the next generation of AI developers in order to build breakthrough AI applications for business. IBM Corporation logo. (PRNewsfoto/IBM) Located in the heart of Manhattan at IBM’s new offices at One Madison, watsonx AI Labs extends IBM’s global…

New license agreement gives Deutsche Bank increased access to IBM’s innovative software solutions to accelerate innovation, optimize operations, and enhance customer experience FRANKFURT and EHNINGEN, Germany, May 27, 2025 /PRNewswire/ — Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) today announced a continuation of their partnership in the form of a strategic agreement that grants Deutsche Bank further access to IBM’s comprehensive suite of software solutions. This includes IBM’s business and IT automation stack, advanced hybrid cloud products, as well as access to the watsonx AI portfolio. Additionally, Deutsche Bank will benefit from the latest upgrades to the IBM Storage Protect…