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IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition

CIO Business Intelligence

In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 The deal is expected to close by the end of 2024, the statement added.

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Legal-tech startup uses AI to search relevant case history to better predict case outcomes

GeekWire

Predict.law co-founders, from left: CEO Pat Wilburn, CPO Stan Zaporozhets, and CTO Dave Contreras. Applying AI and machine learning training on precedent case history and the fact patterns associated with those cases, Predict.law uses technology to replace the current process of manually searching for relevant prior cases.

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IBM Blockchain Platform now live in Melbourne

CTOvision

IBM has made its blockchain platform available out of the IBM data center in Melbourne, allowing customers to run their applications on the company’s cloud and abide by data sovereignty requirements.

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Kyndryl bolsters its Bridge infrastructure services

Network World

Bridge is one of Kyndryl’s major services offerings, which include consulting, hybrid cloud, security, and applications services. What makes it unique is how we’ve created, or how we stitched together, organizational information, systems, applications, and more. [It AI networking is another area Kyndryl is targeting. “AI

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Airship AI, a Seattle-area edge computing company that never raised investment, set to go public

GeekWire

Now they’re taking a company public. Airship AI , an under-the-radar tech startup that didn’t raise a single dime of investment, will soon become a publicly traded company after clearing SEC regulations this week for its SPAC deal. But Huang said the company still expects to outperform its 2022 metrics. and Taiwan.

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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

As of today, AI development companies have signed contracts to purchase more than $4 billion of AI training capacity in Oracle’s Generation 2 cloud. The growth in total revenue was driven by the momentum in the company’s total cloud sales (IaaS and SaaS combined), which grew 30% year-on-year to $4.6 billion.

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The IBM Press Release on Spark That Every Tech Leader Should Read

CTOvision

IBM just announced a major new push around Apache Spark. You know Spark, the free and open source complement to Apache Hadoop that gives enterprises better ability to field fast, unified applications that combine multiple workloads, including streaming over all your data. Spark today is production ready for many workloads.

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