logo
Arvind Krishna Celebrates the Work of a Pioneer

Arvind Krishna Celebrates the Work of a Pioneer

Yahoo11-02-2025

Arvind Krishna, chief executive officer of International Business Machines Corporation (IBM), in San Francisco, July 13, 2022. Credit - David Paul Morris—Bloomberg/Getty Images
Arvind Krishna, CEO, chairman and president of IBM, used his acceptance speech at the TIME100 AI Impact Awards on Monday to acknowledge pioneering computer scientist and mathematician Claude Shannon, calling him one of the 'unsung heroes of today.'
Krishna, who accepted his award at a ceremony in Dubai alongside musician Grimes, California Institute of Technology professor Anima Anandkumar, and artist Refik Anadol, said of Shannon, 'He would come up with the ways that you can convey information, all of which has stood the test until today.'
In 1948, Shannon—now known as the father of the information age—published 'A Mathematical Theory of Communication,' a transformative paper that, by proposing a simplified way of quantifying information via bits, would go on to fundamentally shape the development of information technology—and thus, our modern era. In his speech, Krishna also pointed to Shannon's work building robotic mice that solved mazes as an example of his enjoyment of play within his research.
Krishna, of course, has some familiarity with what it takes to be at the cutting edge. Under his leadership, IBM, known as a pioneer in artificial intelligence itself, is carving its own niche in specialized AI and invests heavily in quantum computing research—the mission to build a machine based on quantum principles, which could carry out calculations much faster than existing computers. The business also runs a cloud computing service, designs software, and operates a consulting business.
Krishna said that he most enjoyed Shannon's work because the researcher's 'simple insights' have helped contribute to the 'most sophisticated communication systems' of today, including satellites. Speaking about Shannon's theoretical work, which Krishna said was a precursor to neural networks, he noted, 'I think we can give him credit for building the first elements of artificial intelligence.'
The TIME100 AI Impact Awards Dubai was presented by the World Government Summit and the Museum of the Future.
Write to Ayesha Javed at ayesha.javed@time.com.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lockheed Martin (LMT) Slips as Pentagon Halves F-35 Jet Request
Lockheed Martin (LMT) Slips as Pentagon Halves F-35 Jet Request

Yahoo

time37 minutes ago

  • Yahoo

Lockheed Martin (LMT) Slips as Pentagon Halves F-35 Jet Request

Lockheed Martin (LMT, Financials) may see pressure on its defense revenue after the U.S. Department of Defense sharply cut its procurement request for F-35 fighter jets, according to a Bloomberg report. Warning! GuruFocus has detected 3 Warning Signs with LMT. The Pentagon's new request seeks 24 F-35 jets for the U.S. Air Force, down from the 48 projected last year. Bloomberg reported Tuesday that the total funding sought for the aircraft has dropped to $3.5 billion, with an additional $531 million earmarked for advance material procurement. The revised request also trims orders for the Navy and Marine variants of the aircraft. The Navy would receive 12 carrier-based F-35s, down from 17, while the Marine Corps would receive two fewer jets than the current fiscal year. Lockheed Martin delivered 110 F-35 jets globally in 2024. The F-35 program represents about 30% of the company's total revenue, making the reduced order a potentially meaningful headwind. The company's finance chief said in May that Lockheed expects a finalized contract soon, despite previous delays stemming from a planned technology upgrade. However, the latest Pentagon request signals possible longer-term moderation in defense procurement priorities. This article first appeared on GuruFocus. Sign in to access your portfolio

Siri's Big AI Upgrade Is Coming, but Reportedly Not Until Spring 2026
Siri's Big AI Upgrade Is Coming, but Reportedly Not Until Spring 2026

CNET

timean hour ago

  • CNET

Siri's Big AI Upgrade Is Coming, but Reportedly Not Until Spring 2026

Apple appears to be making progress on a major update to its Siri software that would expand its capabilities and incorporate more AI features. According to a report from Bloomberg's Mark Gurman, the delayed update for Siri now has an internal release window of spring 2026. The update, which could arrive with iOS version 26.4, would make good on features and updates Apple first introduced at 2024's WWDC. Since then, the updates to Siri that were supposed to incorporate many of the company's Apple Intelligence have failed to materialize, and the company's AI efforts so far have not wowed tech enthusiasts. New capabilities for Siri would allow it to have more controls over apps across different devices. But according to Bloomberg's report, internal development of Siri has been chaotic and the possibility of releasing a big update in spring is not a sure thing. One scenario is that a preview version would be available at that time with a full release set for 2026's iPhone rollout later in the year. Fortunately for Apple, AI is not currently factoring heavily into people's phone-buying decisions. A CNET survey published this week suggests just 11% of people are driven to upgrade due to AI features. A representative from Apple did not immediately return a request for information on the update. Apple has been vague in statements about Siri's next update, promising only that it would be available "in the coming year." Amazon has had similar struggles with Alexa, its personal assistant software available on devices from Amazon and other companies. Its Alexa products have lost money and the company is in the process of rolling out Alexa Plus, which also incorporates new AI-driven features and would require a fee for those who don't have Amazon Prime. That rollout has also had delays.

Pop Mart's 200% Stock Rally Spurs Rush to Hike Price Targets
Pop Mart's 200% Stock Rally Spurs Rush to Hike Price Targets

Yahoo

timean hour ago

  • Yahoo

Pop Mart's 200% Stock Rally Spurs Rush to Hike Price Targets

(Bloomberg) -- Wall Street analysts are rushing to raise price targets on Pop Mart International Group Ltd. following the success of its Labubu dolls. Shuttered NY College Has Alumni Fighting Over Its Future Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NYC Renters Brace for Price Hikes After Broker-Fee Ban Do World's Fairs Still Matter? NY Long Island Rail Service Resumes After Grand Central Fire At least five brokerages, including Deutsche Bank AG and Morgan Stanley, have lifted projections on the Hong Kong-listed stock this week. Citigroup Inc. hiked its price target by 90% to a street high of HK$308 apiece, citing the growing influence of the company's intellectual properties globally. Pop Mart shares rose as much as 3.5% on Friday, extending their year-to-date climb to around 200%, before erasing those gains midday. Earlier this week, the stock touched a fresh record high. The growing popularity of Pop Mart's toothy monster dolls is boosting sales prospects for the firm. THE MONSTERS blind-box series, with Labubu at its center, generated more than 3 billion yuan in sales for Pop Mart last year, accounting for almost one-fourth of the company's revenue. Read: Tepid Flows Into China Gen Z ETFs Hint at Upside: Taking Stock Pop Mart is trading above the 12-month average analyst price target tracked by Bloomberg and the rally has pushed shares to overbought territory. While valuations at 45 times forward earnings have topped that for peers like Sanrio Co. and Walt Disney Co., some analysts are optimistic that shares can continue to rise after tripling so far this year. The stock is the best performer on the MSCI China Index this year after making it among the biggest gainers on the gauge in 2024. (Updates share move in third paragraph) American Mid: Hampton Inn's Good-Enough Formula for World Domination The Spying Scandal Rocking the World of HR Software New Grads Join Worst Entry-Level Job Market in Years US Tariffs Threaten to Derail Vietnam's Historic Industrial Boom As Companies Abandon Climate Pledges, Is There a Silver Lining? ©2025 Bloomberg L.P. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store