Tag: IBM

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
spot_img

IBM to Lay Off Thousands as It Refocuses on AI-Driven Software

IBM is preparing to cut a “low single-digit percentage” of its global workforce in the fourth quarter of 2025 — a move that could...

IBM Runs Quantum Algorithm on AMD Chips

In a significant step toward the commercialisation of quantum computing, IBM has announced that it successfully ran its quantum error correction algorithm on conventional...

Airtel, IBM Partner to Strengthen AI-Ready Cloud Infrastructure

Telecom leader Bharti Airtel has announced a strategic partnership with IBM to strengthen its Airtel Cloud platform, integrating IBM’s AI-ready infrastructure and hybrid cloud...

HSBC Quantum Pilot Boosts Bond Trading Accuracy

HSBC has announced the successful completion of a quantum computing pilot with IBM, reporting a 34% improvement in predicting bond trade execution compared to...

IBM, AMD Join Forces for Quantum-Centric Supercomputing

IBM and Advanced Micro Devices (AMD) have joined forces to accelerate the development of quantum-centric supercomputing, marking a major step toward integrating quantum processors...

IBM, TCS to Build India’s Largest Quantum Hub

IBM has announced a partnership with Tata Consultancy Services (TCS) to deploy India's largest quantum computer to date, focused on accelerating algorithm discovery and...

IBM Layoffs: 9,000 US Jobs Cut, India Hiring Expands

IBM is reportedly preparing to layoffs of nearly 9,000 employees across its US offices in what appears to be a major corporate restructuring. While...