The global hackathon, now in its sixth year, gives participants access to advanced AI, cloud computing and blockchain technology.
IBM, Meta and others form ‘AI Alliance’ to advance AI development
In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits.
IBM unveils new air-gapped cold storage solution for digital assets
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
IBM Introduces New Cold Storage Tech for Crypto Assets
The new Offline Signing Orchestrator tech is being used by IBM’s long standing partner in the crypto space, Ripple-owned custody firm Metaco.
IBM says it will have hit a quantum computing ‘inflection point’ by 2029
Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033.
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft while Nvidia reaps the benefits of big tech’s scramble to build a better chatbot.
IBM launches $500M fund to develop generative AI for enterprise
The new fund follows IBM’s participation in a $235M series D funding rounding in August for generative AI firm Hugging Face.
IBM’s new AI chip offers 22X speedup with ‘mind-blowing’ energy efficiency
The team’s already years into work on the next version of the potentially revolutionary NorthPole hardware.
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo.
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI’s capabilities for harmful purposes.
IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use
Listing numerous areas of concern, IBM Automation’s Jerry Cuomo lays out the potential pitfalls for businesses using ChatGPT.
IBM Watson team leader raises $60M for AI startup Elemental Cognition
The company provides two enterprise chatbot solutions, Cogent and Cora, which are tailored for diverse applications.
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
Applied Digital will be deploying HPE’s Cray XD supercomputers in its AI cloud service.
Wimbledon 2023 to feature AI-generated highlights commentary
The AI-generated tools include player analysis, personalized highlights and a new draw analysis feature for the single’s path to the final.
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Altman appeared alongside NYU professor Gary Marcus and IBM chief of trust Christina Montgomery to discuss how the U.S. government should regulate the AI industry.
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace.
The IBM–Maersk blockchain effort was doomed to fail from the start
Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform.
Turkish automaker Togg onboards Metaco for crypto custody and governance
The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets.
Blockchain’s use in healthcare ‘essential’ to protect sensitive data: Zelis CTO
Zelis CTO Kali Durgampudi has called on health care providers to utilize blockchain tech to protect customer data and stave off attacks from cybercriminals.
HSBC and IBM create successful multi-ledger CBDC demo
The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex.