On Friday, International Business Machines Corp. (NYSE:IBM), was up 0.32% to $162.86, while Intel Corporation (NASDAQ:INTC), gained 2.21% at $ 31.93.
Watson, the IBM supercomputer best known for crushing “Jeopardy!” contestants at their own game, will publish its first-ever cookbook next week, according to CNN Money.
The book, “Cognitive Cooking with Chef Watson,” is collaboration between IBM’s Watson and the Institute of Culinary Education that goes on sale April 14.
Around three years ago, IBM began building an “idea-generating tool” for Watson, which would let the supercomputer tap into its massive data trove to create new and interesting ideas and suggestions. IBM right away thought food would be a great category for Watson to innovate, since everyone eats and there are literally countless combinations of meals and flavors.
IBM disputes this conclusion. IBM spokesperson, Michael Rowinski, said, “The overall security market opportunity is moving to integrated, analytics-driven approaches that protect all parts of organization, counting people, data, applications and infrastructure. IBM is a leader across all these segments – counting software and services – and continues to gain share and outpace our competition.”
IBM and Fujifilm have figured out how to fit 220TB of data on a standard-size tape that fits in your hand, flexing the technology’s strengths as a long-term storage medium.
The prototype Fujifilm tape and accorporationing drive technology from IBM labs packs 88 times as much data onto a tape as industry-standard LTO-6 (Linear Tape-Open) systems using the same size cartridge, IBM says. LTO6 tape can hold 2.5TB, uncompressed, on a cartridge about 10 by 10 centimeters (4 by 4 inches) across and 2 centimeters thick.
IBM’s employment counts heavily in Dutchess County’s economy, not only because it’s the largest private employer — still — but because Big Blue’s pay scale runs considerably higher than the average. The most recent decline is the latest in a long run for a corporation that once employed more than 30,000 in Dutchess and Ulster counties. The drops, however, are small contrast with the early 1990s when thousands were cut from IBM.
IBM’s own payroll will shrink a lot when it sells its semiconductor manufacturing business this year to GlobalFoundries a deal that will transfer the East Fishkill plant together with most of its workers.
GlobalFoundries’ plan is to continue running the site to produce microchips for IBM as a customer.
History of success:
IBM and BSC-CNS activity has resulted in three big projects: Centro Tecnologico de Supercomputacion (2013-2015), Research and Development MareIncognito project (2007-2011) and MareNostrum supercomputer (2005-2007). Through this collaboration, both organizations have conducted numerous joint research projects involving IBM labs in the area of high performance computing.
Semiconductor bellwether Intel Corporation (NASDAQ:INTC) has garnered quite a few headlines due to its failed takeover plans for Altera Corporation (NASDAQ:ALTR). But investors will soon turn their attention toward next week’s first-quarter earnings report, and Intel’s updated guidance figures for the rest of the year.
Calls have taken the early lead in Intel Corporation’s (NASDAQ:INTC) options pits. Specifically, the contracts are trading at 1.6 times what’s typically seen at this point in the day, and are outpacing puts by a 2-to-1 margin.
Most active is INTC’s weekly 4/10 31-strike call, where about 10,000 contracts have changed hands thus far. It seems safe to assume new positions are being purchased here — a theory echoed by data from the International Securities Exchange (ISE) — meaning traders expect INTC to extend its lead north of $31 through Friday’s close, when the series expires.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
