IBM is looking to make its IBM Granite model series available globally later this year in partnership with Salesforce, Inc. The aim is to offer customers more models to enhance decision-making for AI CRM use cases. The Granite code models range from 3B to 34B parameters and cater to tasks like code generation and error correction.
In addition, IBM is teaming up with AWS to combine Amazon.Com, Inc.’s SageMaker and watsonx.governance on AWS. This collaboration will provide advanced AI governance capabilities for Amazon SageMaker customers using predictive machine learning and generative AI models. IBM also plans to release a family of IBM Granite models in open source and has launched InstructLab in collaboration with Red Hat.
Furthermore, IBM is partnering with Adobe Inc. in hybrid cloud and AI, integrating Red Hat OpenShift and watsonx with the Adobe Experience Platform. The companies are considering making watsonx.ai and Adobe Acrobat AI Assistant available on-premises and in the private cloud. IBM is also introducing a consulting service to promote customer adoption of Adobe Express, with these capabilities expected to be available in the second half of 2024.
The company’s development includes the introduction of efficient Code LLMs that can outperform the largest code models in various industry benchmarks. According to Benzinga Pro, IBM shares have increased by more than 33% over the past year. Investors can access these stocks through FT Vest Technology Dividend Target Income ETF (TDVI) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG).
IBM shares closed up by 0.53% at $169.92 in premarket trading.
In conclusion, IBM is expanding its AI capabilities through collaborations with Salesforce, AWS, Red Hat, and Adobe, aiming to provide customers with advanced AI solutions for various use cases. The company’s innovations in AI models, governance, and hybrid cloud services demonstrate its commitment to driving technological advancements in the AI sector. Investors have shown confidence in IBM’s growth trajectory, as reflected in the increase in the company’s stock value. The strategic partnerships and product developments are expected to further solidify IBM’s position in the competitive AI market.
Article Source
https://www.benzinga.com/markets/equities/24/05/38941348/whats-going-on-with-ibm-shares-on-tuesday
