BENGALURU : IBM Corp. has made several advances in artificial intelligence (AI), hybrid cloud, and quantum computing to help its clients and partners accelerate their digital transformation journeys and return to work smarter post the pandemic. “In the same way that we have electrified factories and machines in the past century, we will use hybrid cloud to infuse AI into software and systems in the 21st century." A new IBM study on the adoption of AI for business revealed that the imperative to embed AI into business processes became more urgent during the pandemic. For the financial services sector, IBM has collaborated with EY to establish a Centre of Excellence that offers new open hybrid cloud solutions built with Red Hat OpenShift for the IBM Cloud for financial services. Earlier this month, IBM launched the world's first 2 nanometer (nm) chip to cater to the demand for increased chip performance and energy efficiency in the era of hybrid cloud, AI, and the internet of things (IoT).

Source: Mint May 11, 2021 04:41 UTC