IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020 (Asa Fitch/Wall Street Journal)

https://www.techmeme.com/feed.xml Hits: 22

Summary

— In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.

First seen: 2025-04-26 07:02

Last seen: 2025-04-27 04:13

Read Full Article More from this Source

IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020 (Asa Fitch/Wall Street Journal)

Summary

Related News

While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtful (Mark Gurman/Bloomberg)

Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (Wall Street Journal)

Tel Aviv-based Sentra, whose cloud data security software now includes controls aimed at keeping AI prompts free from restricted data, raised a $50M Series B (Ryan Naraine/SecurityWeek)

Filing: China's leading flash memory chipmaker YMTC raised ~$219M from Hebei Yangyuan Zhihui Beverage Co. at a ~$22.1B valuation in December 2023 (Coco Feng/South China Morning Post)

Bitcoin miners' earnings power and stocks have diverged from the asset they help produce, as the hashrate languishes amid technical and macroeconomic headwinds (Sidhartha Shukla/Bloomberg)