Thread regarding IBM layoffs

Pathetic Intel and IBM AI chips - two failures combined don't make success

So IBM decided with their AK infinite wisdom and understanding to choose Intel's AI chip for its AI cloud and Watson.

The joke of the century. Intel laying off 15000 , canceling dividend and showing revenues defining for a reason.

Id--t AK thinks he knows better and buys Intel's AI chops? No one else is buying. What's the point? Ah yes... pumping the stock price to wave Wallstreet IBM knows AI and Intel is a great AI chip maker?

Expect additional layoffs as this further pushes IBM 's revenue down. Who will be an id--t CIO to choose IBM AI cloud with this?

Typical AK arrogance and foolishness!

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| 1141 views | | 9 replies (last September 1, 2024) | Reply
Post ID: @OP+1ufjnpUk

9 replies (most recent on top)

This is nothing more than IBM taking advantage of an Intel penny sale. Intel needs any revenue they can raise and the future of the company is on the line. IBM was first in line with an offer, and Intel couldn’t wait for a competing offer.

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Post ID: @3app+1ufjnpUk

Arvind is one of the most arrogant people you will ever see. He will also never admit he made a mistake

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Post ID: @2ofw+1ufjnpUk

IBM Cloud to offer Intel’s Gaudi 3 AI chips next year --

https://techcrunch.com/2024/08/29/ibm-cloud-will-offer-intel-gaudi-3-chips-next-year/

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Post ID: @1ayx+1ufjnpUk

@@1auq for small models you don't need Intel's big area chip that's expensive to manufacture. For example AMD's Alveo V70 or latest V80 is way better with higher performance and lower power needs. Gaudi3 is made to compete with top data center GPUs. It's like playing video games on the nVidia data center H200 ... useless.

Probably Intel has an unsolved inventory IBM got for pennies to the dollar. But it will consume a huge power running costing lots of $$$.

The rest of IBM AI has been around for years. Latest Z and Power processors are supposed to have "accelerators" for AI... LOL yeah right another nothing burger from AK and failed Research division.

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Post ID: @1vqn+1ufjnpUk

JIT to distract from China mass layoffs?

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Post ID: @1wae+1ufjnpUk

LPUs are the future. Anyone who has tried Groq will agree with this.

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Post ID: @1auj+1ufjnpUk

The small language model isn't bad if you can tailor it right for the customer base. IBM's play is definitely to target "AI" to enterprise-specific tasks like identifying certain credit card transactions, financial pattern recognition, and stuff like that. They are not playing to the general purpose market (writing sonnets on demand or making pretty pictures). IBM's implementation will be to perform domain-specific tasks with limited data sets.

Who knows...they may succeed.

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Post ID: @1uqh+1ufjnpUk

Nvidia is expensive, Intel is cheap.
IBM's play is small language model. You dont need GPUs with that, you can do that with Intel AI Accelerator (Gaudi 3) cards.
I believe they will also provide software abstraction layer, so you dont have to change your PyTorch code.
win for Intel, as for IBM who knows, we just keep loosing money...

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Post ID: @1auq+1ufjnpUk

IMHO, there should be an Ethics probe to see if AK and his executives personally made money by colluding with Intel and investing in Intel stock for personal gain until the latest Intel debacle. All these guys know one another; AK has been in the business for a long time and would be directing investments in Intel as he saw fit. Corporate greed rears it's ugly head as usual.

Business Conduct Guidelines ? They apply to rank and file IBMers, but never to corrupt IBM managers and executives.

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Post ID: @1ldn+1ufjnpUk

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