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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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IBM z16: A mainframe designed for AI, hybrid cloud, security and open source

Network World

Today’s announcement of IBM’s new z16 mainframes promises a system that caters to enterprise needs that include support for AI, security, hybrid cloud, and open source efforts well into the future.

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Red Hat Acquisition Gives IBM A Much-Needed Booster Shot Of Open Source And Cloud DNA

Forrester IT

Yesterday, IBM announced its intention to purchase Red Hat for $34B.

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IBM aims at hybrid cloud, enterprise security

Network World

IBM is taking aim at the challenging concept of securely locking-down company applications and data spread across multiple private and public clouds and on-premises locations. Learn how server disaggregation can boost data center efficiency and how Windows Server 2019 embraces hyperconverged data centers. |

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IBM Launches New WatsonX Foundation Models for Enterprise

Tech Republic Big Data

and watsonx.data, the company is creating a platform approach to an AI workbench, allowing customers to deploy IBM, open-source or their own AI models. With the launch of watsonx.ai

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IBM open-sources AI for optimizing satellite communications and predicting space debris trajectories

Venture Beast

IBM has open-sourced projects designed to help optimize small satellite communications and predict the trajectories of space junk. Read More.

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Oracle bolsters distributed cloud, AI strategy with new Mexico cloud region

CIO Business Intelligence

Earlier this month, the company said it expects cloud revenue to grow 29% to 31% in the second quarter of 2024, driven by high demand for AI and generative A I workloads from enterprises. billion quarterly in cloud infrastructure. In December last year, Oracle launched a public cloud region in Chicago.

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