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IBM's Artificial-Intelligence Business Is Booming

The Motley Fool

The company's secret weapon is its consulting business. Consulting is a core driver of our value proposition for clients," said IBM CEO Arvind Krishna in the fourth-quarter earnings call. Software drove just one-third of this business, with consulting signings driving the remaining two-thirds. This makes sense.

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After failed $100bn EY offer, TPG buys Crowe’s healthcare consulting unit

Private Equity Insights

In the aftermath of a rejected offer for EY’s consulting business, US private equity firm TPG has signed a definitive agreement to acquire a majority stake in Crowe’s healthcare consulting unit. read more The post After failed $100bn EY offer, TPG buys Crowe’s healthcare consulting unit appeared first on Private Equity Insights.

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International Business Machines (IBM) Q2 2024 Earnings Call Transcript

The Motley Fool

We had strong performance in software and infrastructure above our model as investment in innovation is yielding organic growth, while consulting remained below model. As we stated last quarter, factors such as interest rates and inflation impacted timing of decision making and discretionary spend in consulting.

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Over 50? 3 Millionaire Moves to Make in 2024

The Motley Fool

If you've had more than 25 years in the workplace, you've probably picked up skills that you can train others on or provide expertise as a consultant. For example, you could become a speaker, writer, author, consultant, and trainer by leveraging a single skill. Find out if your skills are in demand and how you can monetize them.

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Mubadala invests $1bn in Blue Owl Capital to co-invest in private credit opportunities

Private Equity Insights

As part of that partnership, the two companies will collectively invest up to $2.5bn over the next five years, leveraging Mubadala’s long-term and strategic partnership with Apollo Global Management. Mubadala will hold 80% ownership of the Abu Dhabi Global Market-based joint venture entity, with the remaining 20% held by Alpha Dhabi.

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2 Artificial Intelligence Stocks That Could Deliver Explosive Gains

The Motley Fool

trillion to worldwide GDP, a 26% increase, according to a report by PwC, a leading global consulting firm. Recursion's revolutionary approach Recursion Pharmaceuticals (NASDAQ: RXRX) is pioneering a unique approach to drug discovery by leveraging AI and machine learning. By 2030, AI could add $15.7

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4 Best Businesses to Start in October 2024

The Motley Fool

AI-consulting services A McKinsey survey found that 65% of organizations are using AI regularly, nearly double the rate reported in its survey just 10 months earlier. Consider asking happy customers if you can put up a sign advertising your business next to their display for the first week or leave them with business cards to pass out.