Top 10 AI News You Shouldn’t Miss

5. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 56

International Business Machines Corporation (NYSE:IBM) is a multinational technology company that offers AI consulting services, software products, and solutions for cloud computing, analytics, and enterprise systems. On December 13, Bank of America Securities analyst Wamsi Mohan maintained a “Buy” rating on International Business Machines and kept the price target at $250.00. IBM’s strategic position in the enterprise AI space has led to the buy rating. The company’s integration with Red Hat’s offerings, such as RHEL AI and OpenShift AI, allows it to deliver cost-effective AI solutions for enterprises. The open-source approach offers a unique value proposition to its customers. The year 2025 is anticipated to be a pivotal year for AI production success given that the infrastructure is already in place for both private and public cloud environments. Additionally, Neural Magic is anticipated to enhance IBM’s capabilities further by enhancing model efficiency and reducing costs.