According to the US tech major, the Power11 servers are redesigned with innovations in processor, hardware architecture, and virtualisation software for hybrid deployment on-premises or in IBM Cloud.

International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Making Waves on Wall Street. On July 8, the company announced a new lineup of data center chips and servers. The IBM ...

Written by Chris Duckett, Contributor Sept. 7, 2021 at 9:00 p.m. PT Image: IBM A year after it unveiled the Power 10 chip, IBM has taken the wraps off its first server to use the processor, the E1080.

Although IBM hasn’t signaled its intention to provide cloud-based AI supercomputing as a service, Vela is a massive AI supercomputer with every feature and function necessary for such an offering.

IBM is poised to benefit from healthy demand trends for hybrid cloud and AI, which drive the Software and Consulting segments. The company’s growth is expected to be aided by analytics, cloud ...

International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Making Waves on Wall Street. On July 8, the company announced a new lineup of data center chips and servers.