Latest news with #EdgeCloud
Business Insider
07-05-2025
- Business
- Business Insider
IBM Expands Its AI Reach with Major Oracle and Lumen Partnerships
Tech company IBM (IBM) is pushing harder into artificial intelligence with two major partnerships. The first one is with Oracle (ORCL) while the other is with Lumen Technologies (LUMN). With Oracle, IBM is bringing its watsonx AI platform to Oracle Cloud Infrastructure (OCI) in order to make AI-driven business processes easier and more efficient. Starting in July, IBM's watsonx Orchestrate will be available on OCI and allow companies to create and manage AI agents (software systems that use AI to act on behalf of users) that work across both Oracle and non-Oracle apps. Protect Your Portfolio Against Market Uncertainty In a separate move, IBM has partnered with Lumen Technologies to bring AI capabilities to the edge, which basically means closer to where data is created. By combining IBM's watsonx with Lumen's fast, low-latency Edge Cloud infrastructure, businesses in industries like finance, healthcare, manufacturing, and retail can process large amounts of data in real time. This can reduce costs, improve security, and make customer experiences smarter and faster. These partnerships demonstrate how IBM is expanding its presence in both cloud and edge computing as AI adoption grows. Indeed, the Oracle collaboration is meant to integrate AI into large enterprise workflows and cloud services, while the Lumen partnership focuses on enabling real-time AI processing. Together, these moves show that IBM is working towards becoming a serious player in the AI industry. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on eight Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $258.79 per share implies 3.9% upside potential.
Yahoo
30-03-2025
- Business
- Yahoo
Broadcom (NasdaqGS:AVGO) Launches Audi Edge Cloud Initiative Amid Last Week's 12% Price Decline
Broadcom recently experienced an 12% price decline over the past week, coinciding with significant market fluctuations driven by geopolitical tensions regarding tariffs. The technology sector faced its own pressures, with major indexes like the S&P 500 and Nasdaq Composite also recording declines. Broadcom's announcements, including the launch of Audi's Edge Cloud initiative and updates to its DSP portfolio and VMware vDefend, reflect continued innovation. However, mixed market sentiment and sector-specific pressures, including those affecting the company's operations in the automotive and tech industries, may have overshadowed these product and client advancements. Every company has risks, and we've spotted 3 weaknesses for Broadcom you should know about. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 22 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. From March 2020 to March 2025, Broadcom's total shareholder return reached a very large 720.22%, illustrating significant long-term growth. This performance contrasts sharply with recent fluctuations and is a testament to robust strategic initiatives over several years. An important development was Broadcom's heavy investment in AI R&D, including the creation of next-gen accelerators, positioning the company as a leader in the AI space. The expansion of its AI customer base and a shift towards subscription models for recurring revenue further underscored its innovative expansion into high-demand areas. Additionally, Broadcom's corporate maneuvers, such as its strategic alliances, boosted its market presence. Initiatives like the expanded collaboration with T-Systems to promote cloud services exemplified its proactive approach to partnerships. However, Broadcom faces challenges, such as dependency on certain hyperscale customers and geopolitical risks, which could affect its AI revenue. Despite these risks, Broadcom's focus on technological leadership and innovation contributed to its substantial long-term shareholder return. Moreover, the company outpaced the US Semiconductor industry, which returned only 2.7% over the past year. Learn about Broadcom's historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AVGO. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
