View Post

IBM Launches New Telum Processor

In AI by Daniel NewmanLeave a Comment

IBM announces the upcoming new IBM Telum Processor. Telum is IBM’s first processor that contains on-chip acceleration for AI inferencing. Futurum’s Daniel Newman discusses this new on-chip hardware acceleration. It’s designed to help customers achieve business insights at scale across banking, finance, trading, insurance applications and customer interactions.

View Post

Salesforce Sees 23% Growth Anchored By Strong Platform Growth

In Technology News by Daniel NewmanLeave a Comment

The News: Salesforce shares rose as much as 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Here’s how the company did: Earnings: $1.48 per share, adjusted, vs. 92 cents per share as expected by analysts, according to Refinitiv. Revenue: $6.34 billion, vs. $6.24 billion as expected by analysts, according …

View Post

GlobalFoundries files for an IPO, But Don’t Rule Intel Out Just Yet

In Technology News by Daniel NewmanLeave a Comment

Futurum Research Principal Analyst, Daniel Newman provides his take on news coming out of GlobalFoundries today about the company’s plans to IPO as early as later this year.  As the saga continues with chip shortages and bifurcation of global supply chains, the twists and turns of big tech mergers and acquisitions play out in the mainstream media.  Today’s news about the GlobalFoundries IPO is just another chapter in the story.