SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

IBM Shares Decline 1.6% After Bob AI Platform Launch

IBM shares fell approximately 1.6% to $222.06 on October 2, following the introduction of its Bob AI development platform for self-hosted deployment on October 1. This allows customers to run the platform within their own controlled infrastructure.

IBM

IBM, the hybrid-cloud and enterprise-AI company NYSE:IBM, said on October 1 that it has introduced self-hosted deployment for its Bob AI development platform, allowing customers to run it inside infrastructure they control. 06 on October 2. 63% below the…