IBM

The new AI platform comes over a decade after IBM's Watson got attention for winning the game show Jeopardy

The two companies claim that cell phone batteries could go over a week without being charged

The technology could be as much as 45% faster than the mainstream 7-nanometer chips , up to 75% more power-efficient

Global semiconductor sales were $439 billion in 2020, according to data from the Semiconductor Industry Association

IBM will now focus on open hybrid cloud and AI solutions

IBM's new processor chip for data center will be able to handle three times workload of its predecessor

Partnership comes as the US and its allies compete with China in race to develop quantum technology

'Open P-TECH is designed to provide relevant skills to anyone in the world so they succeed in the digital era'

Microsoft announcement came shortly after Amazon declared it was pausing police use of its facial-recognition tech

Amazon's ban comes just after IBM announced exit from facial recognition business