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AI Technology Responsible For 4,000 Job Cuts In May: Report
Artificial Intelligence (AI) has reportedly emerged as the cause for nearly 4,000 job losses in May 2023, as per a monthly report released by the multinational HR company, Challenger, Gray & Christmas. This figure accounts for around 4.9% of the total ...
IBM Likely To Pause Hiring, Replace 7,800 Jobs With AI
A multinational technology player, International Business Machines Corporation (IBM) announces the era of artificial intelligence (AI) to replace human jobs. The company's chief executive officer Arvind Krishna said the company expects to pause hiring for roles and believes that some of ...
IBM Closes World's Second Biggest IT Deal
The American multinational company, IBM closed its $34 billion purchase of Red Hat on Tuesday, the second largest deal in the information technology business in the world. Red Hat is also an American company and provides enterprise open source solutions. IBM's ...
IBM Now Has AI-Powered 'Watson Assistant' for Businesses
Tech giant IBM today announced the formal launch of "Watson Assistant", a smart enterprise assistant powered with artificial intelligence (AI), cloud and the Internet of Things (IoT) and it can be accessed via voice or text interaction. The smart enterprise assistant ...
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