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IBM recently debuted a new prototype artificial intelligence (AI) chip purported to be both faster and far more energy efficient than any chip currently available. According to research published in Science Magazine on Oct. 19, the new chip, dubbed NorthPole, “achieves a 25 times higher energy metric” on a relevant benchmark,
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A Watson-powered AI investment fund has been making waves for its relative success in balancing its vast portfolio holdings. A $102 million AI investment fund powered by IBM’s (NYSE: IBM) Watson supercomputer is reportedly giving OpenAI’s ChatGPT a run for its money. According to a Markets Insider report, the AI Powered Equity ETF (AIEQ) is
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Once enterprise blockchain’s biggest backer, IBM these days has its eye on cementing valuable partnerships with crypto custody firms. Source
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The technology is aimed at tracing commodity flows in near real-time and cut paperwork. Source
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Northwell Health, a New York-based healthcare group comprising over 800 hospitals, has joined IBM’s Rapid Supplier Connect network.IBM’s network is a cloud-based application that uses distributed ledger technology to assist businesses providing coronavirus relief supplies to connect with buyers.IBM will provide Rapid Supplier Connect free of charge to qualifying suppliers
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Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking.Dole’s blockchain expansion was announced in its 2020 Corporate Responsibility and Sustainability Report.Dole first began to explore DLT after joining IBM’s
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IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance transparency of product provenance and supply chain.The Avril Group, a vegetable oil, eggs and protein manufacturer, and the owner of brands Matines and Lesieur, has begun using IBM Food Trust network to ensure traceability of
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On Jan. 8 the Times of Oman reported that the Port of Salalah joined TradeLens, the blockchain-based supply chain platform launched in 2018 by shipping giant Maersk and IBM. An IBM spokesperson told CryptoX the addition of the Port of Salalah puts TradeLens at more than 90 ports and terminals,
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Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of milk-based formula for infants, according to a Nov. 14 announcement.By using the platform, the firms aim to advance consumer confidence in the products’ quality by ensuring more transparency of the
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Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM's blockchain shipping tool TradeLens.Adding four Canadian and U.S. terminals to the platform As part of the initiative, Vancouver-based GCT will gradually roll out the blockchain-based platform at the four terminals it operates, the firm
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