IBM is making significant strides in the enterprise AI market, positioning itself as a key player in the industry. While the impact of AI on IBM's performance may not be immediate, the company is poised for substantial growth in the coming years. Investors are viewing IBM favorably, with its stock trading at an attractive valuation compared to its free-cash-flow guidance.
The advancements in AI by IBM signal a shift towards leveraging cutting-edge technology to drive business success. As AI continues to evolve and permeate various sectors, IBM's strategic focus on this area could prove to be a lucrative move. Investing in IBM now could offer long-term benefits as the company capitalizes on the potential of AI in the enterprise landscape.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.