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Tag Archives: ibm

Toshiba Claims Its New Algorithm Is Faster Than Any Supercomputer Ever Made

Japanese multinational conglomerate Toshiba Corp. claims that it currently has a new algorithm that makes computing faster than available options. According to the company, the technology is much faster than any supercomputer anywhere.The Toshiba AlgorithmToshiba says that the new technology is not a quantum computer. However, it was specifically created to operate with the underlying methods a quantum computer employs. Quantum computers, however, have a setback – there aren’t a lot of...

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Everest Group Explores 12 Platforms in Its Enterprise Blockchain Readiness Report

Management consulting and research firm Everest Group has released a new market report focusing on the future of blockchain. The report, entitled “BigTech Battle: Assessing Managed Blockchain Platform Readiness for Enterprise Use,” addresses a number of major players developing blockchain projects, including Hewlett Packard, IBM, and Microsoft.The report cites Jelurida’s Ardor blockchain-as-a-service platform, alongside Multichain’s Enterprise, as two technologies with favorable ease of...

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Intel Invests $2 Billion to Acquire AI Chip Startup Habana Labs

On December 16, Intel announced that it had acquired Habana Labs in a clear indication that it aims to venture deep into the AI chip market. Habana is an Israel-based developer of programmable AI and machine learning accelerators that are used for cloud datacenters. Analysts estimate that this deal is worth about $2 billion.Intel further stated that it will enhance its AI strategy as Habana starts sampling its proprietary silicon to customers. Last November, Habana raised $75 million in...

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SoftBank Unleashes SBC Wallet Cards Featuring Built-In Blockchain Wallet

The current roller-coaster that has hit the crypto space does not seem to prevent new investments in the industry. In that connection, Tokyo-based telecommunications conglomerate SoftBank has introduced a new bank card. The firm says that it can be used either as a traditional debit card or blockchain wallet.According to a December 1 press release, SoftBank has come up with a debit card that has a built-in blockchain wallet functions. This milestone development was made in partnership with...

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Volvo Cars Joins Responsible Sourcing Blockchain Network

Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...

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Coca-Cola to Use Blockchain Technology Developed by SAP

The IT company that backs Coca-Cola’s bottle manufacturing supply chain processes is apparently getting into blockchain technology.Dubbed Coke One North America (CONA), the company claims its pilot project that they are evolving together with software provider SAP is going to be widened from two to 70 of the manufacturers who are delivering the 160,000 bottles to Coca-Cola shops daily.The company said on Tuesday that this blockchain project is focusing on improving distribution for all of the...

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Microsoft Introduces Blockchain Platform for Minting Enterprise Tokens on Azure

In a move that has seen Big Tech enter the crypto space on a whole new level, Microsoft has launched a platform on its Azure cloud infrastructure to make token deployment to become as easy as possible.Referred to as the Azure Blockchain Tokens platform, the platform aims to make the issuance and existence of blockchain tokens to become cloud-based and to also enable the operating environment of such blockchain projects to become seamless and as easy as possible.This was revealed at the...

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Big 3 Ruling Cloud Infrastructure Market with Almost $22B Earnings This Quarter

The famous Big 3 – Amazon, Microsoft and Google – went crazy in this earning season with their revenues made through cloud infrastructure reaching almost $22 billion. The rulers of the cloud infrastructure market have driven major societal change via their dominance and role in online activities, unlike other tech giants as is for example IBM. They are ruling the online market through anti-competitive practices, constant-rising financial power, and intellectual property law.Be it as it may,...

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Microsoft Wins the Pentagon $10 billion JEDI Contract in Battle with Amazon

Recently, on Friday, the U.S. Department of Defense (DOD) made it clear that they had chosen Microsoft over Amazon in their $10 billion cloud computing contract, also known as JEDI. With this contract, the Department of Defense will move its database to the cloud. However, this has left Amazon Web Services wondering as they were considered as leaders in the field, and the most likely winner of this contract.“We’re surprised about this conclusion. AWS is the clear leader in cloud computing,...

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TBCASoft, IBM and SoftBank Join Forces to Develop Cross-Carrier Blockchain Solutions

TBCASoft, IBM and SoftBank Corp. have announced their collaboration in an effort to transform the industry of telecommunications. The companies will work on developing cross-carrier blockchain solutions, offering new services to telecom carriers and their clients, and promoting advanced business models.TBCASoft is a US-based startup company that focuses on developing technologies especially for the sector of telecommunications. Founded in 2016, the company received funding from SoftBank, and...

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