International Business Machines (IBM) Integrates Intel Gaudi 3 on Cloud to Scale Enterprise AI Globally

From Yahoo Finance: 2025-04-04 19:14:00

  1. A study presented at a European Central Bank conference suggests that companies using AI may see an initial drop in productivity, but eventually outperform in sales, productivity, and employment. This contradicts the belief that AI always boosts productivity, highlighting the short-term challenges of AI adoption.
  2. OpenAI is set to raise $40 billion in funding led by SoftBank Group, with a valuation of $300 billion. The company must transition to a for-profit model by year-end, or risk losing some of the funding. This new investment nearly doubles OpenAI’s valuation, showcasing the growing interest in AI research.
  3. IBM announced the integration of Intel Gaudi 3 AI accelerators on IBM Cloud, allowing clients to scale and deploy enterprise AI. This collaboration aims to make AI more accessible and cost-effective for businesses worldwide. Intel Gaudi 3 AI accelerators are currently available in select IBM Cloud regions for production workloads.
  4. While IBM ranks 10th in AI news updates and ratings, there are other AI stocks showing greater promise for higher returns in a shorter time frame. Investors seeking undervalued AI stocks with potential for massive gains can explore alternatives to IBM. Consider exploring the report on the cheapest AI stock for investment opportunities.
  5. Hedge funds are closely watching AI stocks for potential investment opportunities, as research shows that mimicking top hedge fund picks can outperform the market. By selecting small-cap and large-cap stocks based on hedge fund activity, investors have the potential to achieve significant returns compared to benchmark indices.



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