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IBM is going to hire 1,800 people in France for blockchain and AI

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IBM CEO Virginia Rometty, in the position from 2012, was today having lunch with French President Emmanuel Macron in Paris. And Rometty talked with Le Monde and announced some new investments in France as part of the Tech for Good Summit organized by Macron on behalf of IBM.

The company plans to hire 1,800 new people in France over the next couple of years. While this isn’t really groundbreaking as IBM has 380,000 employees around the world, it’s interesting to see the point of these hires.

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IBM plans to put together a research team focused on blockchain projects, artificial intelligence and the internet of things. This hiring idea still represents pocket change for such a big company with hundreds of thousands of people.

The move is just the latest in IBM’s push to expand its blockchain research. Last week at CoinDesk’s Consensus 2018 conference, the company announced it was partnering with environmental technology startup Veridium Labs to create a carbon credit token on the Stellar network.

Stepping back, the company has recently announced efforts to tackle advertising, humanitarian aid, business registries and even insurance, as previously reported by CoinDesk.

One of the projects from IBM is Blockchain 101:

Blockchain is a shared immutable ledger for recording the history of transactions. A business blockchain, such as IBM Blockchain and the Linux Foundation’s Hyperledger Project, provides a permissioned network with known identities. And unlike Bitcoin, there is no need for cryptocurrency exchange.

Le Monde also noticed that IBM has reduced its team in France for years. Since 2012, IBM has cut more or less as many people as the company plans to hire. IBM clients in France include Orange Bank, SNCF and LVMH.

 

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