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IBM’s new AI chip offers 22X speedup with ‘mind-blowing’ energy efficiency

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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AI Investment Fund Driven by IBM’s Technology Makes Nearly 100% Returns

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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NYC Hospitals Turn to IBM’s Blockchain Tech for COVID-19 Relief

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 to Integrate IBM’s Food Trust Blockchain Into All Divisions by 2025

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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French Food Company Looks to IBM’s Blockchain Network for Better Sourcing

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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Two European Salmon Producers Use IBM’s Blockchain Platform to Track Supply Chain

Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their product supply chains.Cermaq announced the development in a Nov. 20 press release, revealing that it cooperated with Labeyrie and IBM’s blockchain platform IBM Food Trust to enable customers to get information

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Carrefour, Nestlé Use IBM’s Blockchain Platform to Track Infant Formula

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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