IBM to spin out infrastructure business and focus on cloud

IBM has announced that it will split into two companies by the end of 2021. It will concentrate on forward-facing services such as cloud computing and AI, and form a new company to manage legacy IT infrastructure.  The new company will be created from IBM’s Managed Infrastructure Services, which belongs to its Global Technology Services … Read more

AMD powers into the AI chip market’s blowoff top

The AI surge makes the PC processor maker’s purchase of Xilinx look like a one-way bet, but trouble may surface not that long from now.  The parabolic blowoff top is a common feature of stock markets. Sometimes things get so frothy that there is no stopping investors and traders from piling into buying a particular … Read more