Kyndryl Holdings, Inc. (KD) is seeing its shares rise after launching a dedicated AI private cloud in Japan, designed to support businesses in developing and deploying innovative AI solutions. This new cloud, built in collaboration with Dell Technologies and Nvidia, offers a secure and controlled environment for organizations to accelerate AI innovation.
JPMorgan advises investors to take a long position in Kyndryl (KD) and a short position in DXC Technology (DXC), citing Kyndryl’s strong growth potential and DXC’s ongoing challenges. The firm highlights Kyndryl’s structural advantages, including impressive profitability and revenue growth since its spin-off from IBM, while DXC struggles with a declining legacy business and turnaround plans.
LinkedIn has released a list of Brazil’s best technology employers, with Kyndryl, IBM’s IT infrastructure spin-off, taking the top spot. The list evaluates companies based on factors such as career advancement opportunities, skills acquisition, employee turnover, and demand for employees. Kyndryl’s strengths include expertise in computer hardware, storage, cybersecurity, and networking, with the majority of its workforce located in Campinas, São Paulo, and Rio de Janeiro.
