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IBM, Red Hat help launch 'AI Alliance' to support 'open' efforts

Red Hat, which traces its founding three decades ago to Open Source, and corporate parent IBM are key players in a new artificial intelligence-focused organization that says it wants to advance "open innovation" and "open science" in AI rather than proprietary solutions. ....

Matt Hicks , Dylan Patel , Arvind Krishna , Red Hat , Amazon Wed Services , Ai Alliance , Open Source , Raleigh Based Red Hat ,

IBM launches $500M venture fund targeting artificial intelligence sector

IBM is stepping up its artificial intelligence play, creating a $500 million venture capital fund in which it is the only investor to, in its words, back companies "focused on accelerating generative AI technology and research for the enterprise." ....

North Carolina , United States , Rob Thomas , Enterprise Ai Venture Fund On , Red Hat , Senior Vice President , Chief Commercial Officer , Raleigh Based Red Hat ,

Red Hat's jump in revenues helps deliver Street beating quarter for Big Blue

With revenues from Raleigh-based Red Hat climbing 9% and other software segments such as artificial intelligence also boosting revenues, IBM on Wednesday delivered Street-beating financials for the quarter ending Sept. 30. ....

Arvind Krishna , Platform Solutions , Red Hat , Raleigh Based Red Hat ,

IBM buys 'data lineage' firm, aims to improve AI 'trust and transparency'

Can you really trust data sourced to artificial intelligence? IBM is taking steps to address that question with the acquisition announced Wednesday of Europe-based Manta Software. ....

North Carolina , United States , Slovak Republic , Czech Republic , Arvind Krishna , Manta Software , Red Hat , Europe Based Manta , Raleigh Based Red Hat ,

Telecom giant Nokia, which has Raleigh office and moved jobs to Red Hat, is cutting 14,000 workers

Nokia, which has an office in Raleigh and earlier this year moved more than 300 jobs to Red Hat, will slash up to 14,000 jobs in a major cost-cutting drive to address a “weaker” market environment, it says in a statement. Here's what we know. ....

Pekka Lundmark , Network Services , Red Hat , Bush Road , June Nokia , Raleigh Based Red Hat , Mobile Networks ,