12 AI News and Ratings You Should Not Miss

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7. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 54

International Business Machines Corporation (NYSE:IBM) is an American global technology company offering integrated solutions and services worldwide. The company is a leading provider of global hybrid cloud and AI, and consulting expertise.

On November 6th, International Business Machines Corporation (NYSE:IBM) announced that it has teamed up with Cognizant to help enterprises with their modernization efforts and innovate with enterprise-scale AI. Known as the FinOps Center of Excellence (COE), the global innovation center is built upon IBM’s leading FinOps software and Cognizant’s cloud and developer platforms. The COE will help global clients deal with challenges such as escalating costs, AI preparedness, cloud governance, and architecture modernization.

“Optimizing cloud, AI, and mainframe solutions are priorities for C-suite leaders the world over. Exploiting automation and AI to reduce manual operations and accelerate productivity will help clients to realize more value from their hybrid cloud environments, reduce technology costs and the barriers to innovation.”

– Stephen Smith, General Manager, IBM Service Partner Ecosystem.

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