IBM has chosen Arvind Krishna to be its new Chief Executive Officer from April 6. The current Senior Vice President for Cloud and Cognitive Software will take over the reign from Virginia Rometty, who will remain as Executive Chairman of the Board and serve until her retirement at the end of the year.
NVIDIA has teamed up with Arm and a host of tech leaders to introduce a reference design platform for enterprises to quickly build GPU-accelerated Arm-based servers.
IBM has developed the world’s first financial services-ready public cloud with Bank of America (BoA) as its first collaborator. Under the arrangement, the bank will host key applications and workloads to support the requirements and privacy and safety expectations of its 66 million banking customers.
NVIDIA has announced the NVIDIA EGX Edge Supercomputing Platform which lets organisations deliver next-generation AI, IoT and 5G-based services at scale and with low latency. Along with annoucing this at his keynote address at the opening of Mobile World Congress in Los Angeles, NVIDIA Founder and CEO Jen-Hsun Huang declared that we have entered a new era, where billions of always-on IoT sensors will be connected by 5G and processed by AI.
IBM has acquired Red Hat for US$34 billion, one of the biggest technology deals of all time — bettered only by Dell’s purchase of EMC for US$65 billion and Avago’s buyout of Broadcom for US$37 billion, both in 2015.
IBM has announced its US$34 billion acquisition of open source leader Red Hat. The move has been dubbed a “game-changer” by Ginni Rometty, IBM Chairman, President and Chief Executive Officer, who added that it changes everything about the cloud market.