financetom
Business
financetom
/
Business
/
IBM rolls out new chips and servers, aims for simplified AI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IBM rolls out new chips and servers, aims for simplified AI
Jul 8, 2025 4:34 AM

SAN FRANCISCO (Reuters) -International Business Machines ( IBM ) on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.

IBM ( IBM ) introduced its new Power11 chips on Tuesday, marking its first major update to its "Power" line of chips since 2020.

These chips have traditionally vied against offerings from Intel ( INTC ) and Advanced Micro Devices ( AMD ) in data centers, particularly in specialized sectors such as financial services, manufacturing and healthcare.

Like Nvidia's ( NVDA ) AI servers, IBM's ( IBM ) Power systems are an integrated package of chips and software. 

Tom McPherson, general manager of Power systems at IBM ( IBM ), said the Armonk, New York-based company used that tight coupling to focus on reliability and security.

The Power11 systems, available from July 25, will not need any planned downtime for software updates, and their unplanned downtime each year averages just over 30 seconds. 

They are also designed to detect and respond within a minute to a ransomware attack - where hackers encrypt data and then try to extract a ransom in exchange for the keys, IBM ( IBM ) said.

In the fourth quarter of this year, IBM ( IBM ) plans to integrate Power11 with Spyre, its AI chip introduced last year. 

McPherson said IBM ( IBM ) does not aim to compete with Nvidia ( NVDA ) in helping create and train AI systems, but is instead focused on simplifying AI deployment for inference, the process of putting an AI system to work in speeding up a business task.

"We can integrate AI capabilities seamlessly into this for inference acceleration and help their business process improvements," McPherson said in an interview last week referring to work with early customers.

"It's not going to have all the horsepower for training or anything, but it's going to have really good inferencing capabilities that are simple to integrate."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mountain Province Diamonds Releases First Quarter Production And Sales Result
Mountain Province Diamonds Releases First Quarter Production And Sales Result
Apr 22, 2024
05:23 PM EDT, 04/22/2024 (MT Newswires) -- Mountain Province Diamonds ( MPVDF ) Monday released production and sales results for the first quarter ending March 31, from the Gahcho Kue Diamond Mine. The Q1 production takeaways show 1.2 million carats recovered, 4% lower than last year's 1,319,603 carats; an average grade of 1.57 carats per tonne, a 9% decrease from...
Cathay General Bancorp Q1 Earnings, Revenue Decline
Cathay General Bancorp Q1 Earnings, Revenue Decline
Apr 22, 2024
05:25 PM EDT, 04/22/2024 (MT Newswires) -- Cathay General Bancorp ( CATY ) reported Q1 net income Monday of $0.98 per diluted share, down from $1.32 a year earlier. Analysts polled by Capital IQ expected $0.98. Revenue, calculated as the sum of net interest income and total noninterest income, was $175.2 million during the three months ended March 31, down...
Hexcel Q1 Non-GAAP Earnings Fall, Sales Rise; Reiterates 2024 Outlook
Hexcel Q1 Non-GAAP Earnings Fall, Sales Rise; Reiterates 2024 Outlook
Apr 22, 2024
05:24 PM EDT, 04/22/2024 (MT Newswires) -- Hexcel ( HXL ) reported Q1 non-GAAP earnings late Monday of $0.44 per diluted share, down from $0.50 a year earlier. Analysts polled by Capital IQ expected a normalized EPS of $0.42. Net sales for the quarter ended March 31 were $472.3 million, up from $457.7 million a year earlier. Analysts surveyed by...
RLI Q1 Operating EPS, Revenue Increase
RLI Q1 Operating EPS, Revenue Increase
Apr 22, 2024
05:19 PM EDT, 04/22/2024 (MT Newswires) -- RLI (RLI) reported Q1 operating earnings late Monday of $1.89 a share, up from $1.63 a year earlier. Analysts polled by Capital IQ expected normalized EPS of $1.61. Revenue in the quarter ended March 31 rose to $444.8 million from $364.9 million a year earlier. Four analysts surveyed by Capital IQ expected $394.9...
Copyright 2023-2026 - www.financetom.com All Rights Reserved