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News 2026-08-11 17:36 UTC

IBM Lands $240 Million AI Deal with Together AI to Scale Inference

IBM (NYSE: IBM ) shares are trading higher on Tuesday as the company is expanding its AI capabilities through a $240 million multi-year agreement with Together AI. The companies aim to deploy a large cluster of NVIDIA HGX B300 systems on IBM Cloud, with availability expected in the first quarter of 2027. • IBM stock is