AI Index / International Business Machines Corporation
International Business Machines Corporation (IBM)
IBM employs AI through its Watson platform, offering tools for natural language processing, machine learning, and automation in business applications. IBM's AI solutions are widely used in industries such as healthcare, finance, and supply chain management. The company also focuses on developing trustworthy AI systems that prioritize transparency and fairness.
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Location: US
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Market Cap: $242.5B
link
https://www.ibm.com
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We are confident that our investment in partnerships and skills as well as our early leadership in GenAI positioned us to accelerate Consulting growth as we move forward.
- Arvind Krishna
Quotes from ibm Executives About Artificial Intelligence and Generative AI
Our early leadership in generative AI and the Consulting Advantage platform have positioned us well in today's evolving market.
- Arvind Krishna
We continue to gain momentum with our GenAI book of business growing to over $5 billion inception-to-date, up by about $2 billion quarter-over-quarter. Approximately one-fifth of this book of business comes from software and the remaining four-fifths is Consulting.
- Arvind Krishna
Our AI portfolio is tailored to meet the diverse needs of enterprise clients, enabling them to leverage a mix of models, IBMs, their own, open models from Hugging Face, Meta and Mistral. IBM's Granite models designed for specific purposes are 90% more cost-efficient than larger alternatives.
- Arvind Krishna
...RHEL AI and OpenShift AI provide clients with a consistent and scalable AI foundation built on open-source technology.
- Arvind Krishna
...we saw strong traction in our watsonx middleware solutions and AI assistance...consulting remains key to designing and implementing AI use cases driving watsonx deployment.
- : Arvind Krishna
This quarter, we announced RISE with SAP on IBM Power Virtual Server...The Consulting Advantage platform is integrating our technology and industry expertise to drive business transformation.
- Arvind Krishna
M&A remains a key enabler of our strategy. The acquisition of Neural Magic strengthens our AI solutions with advanced model optimization.
- Arvind Krishna
Announced earlier this month, IBM and the U.K. Home Office will partner on the Emergency Services Network...These partnerships allow us to co-innovate...
- Arvind Krishna