IBM Launches New A.I. Microchips And Servers

International Business Machines Corp. (IBM) has unveiled new power-efficient data centre microchips and servers that will enable artificial intelligence (A.I.) applications and models.
The technology company has introduced its new “Power11” microchips, the first significant update to its "Power" line of chips since 2020.
IBM says the latest microchips, and the servers they run on, are more energy efficient than their rivals and will simplify the process of rolling out A.I. in business operations.
The main competitors of IBM when it comes to microchips and processors for data centres are Intel (INTC) and Advanced Micro Devices (AMD).
As with Nvidia's (NVDA) A.I. servers, IBM's Power systems are an integrated package of microchips and software that are sold together.
Armonk, New York-based IBM said the Power 11 chips and servers also offer enhanced reliability and security for customers.
The new Power11 systems will be available starting on July 25 of this year and will not need any planned downtime for software updates.
IBM has said that it is not competing with Nvidia in helping create and train A.I. systems.
Rather, the company is focused on simplifying A.I. deployment for inference, which is the process of putting an A.I. system to work in speeding up a business task.
IBM’s stock has risen 33% this year to trade at $292.47 U.S. per share.