IBM enhances partnerships with AWS, Microsoft, and Meta, provides latest updates on advancements in AI technology.

IBM made several announcements regarding artificial intelligence on Tuesday, revealing partnerships with major tech companies and updates on its watsonx platform. The company is collaborating with Microsoft, Amazon, Meta, Adobe, Mistral, and Salesforce to strengthen its position in the AI space. Additionally, IBM officially launched the Arab model ‘ALLaM’ in partnership with the Saudi Data and Artificial Intelligence Authority (SDAIA).

Expanding its AI ecosystem, IBM is enabling third-party models on the watsonx platform through partnerships with companies leading innovation in AI. Collaborations with Amazon Web Services, Adobe, Meta, Mistral, and Salesforce aim to bring AI governance, hybrid cloud solutions, and various AI offerings to the platform. These partnerships could facilitate collaboration with AI leaders and promote openness among AI companies.

The launch of the Arabic model ‘ALLaM’ in partnership with the Saudi government signifies IBM’s commitment to promoting AI innovation in Arabic-speaking regions. This move is part of the ongoing partnership between IBM and the Saudi government to advance AI in the Middle East.

Updates to the watsonx platform include the release of Granite models and enhancements to the Watsonx family of assistants, offering capabilities like coding and expanded GPU offerings. These updates aim to better serve enterprise customers and foster greater openness in AI.

IBM and Meta launched the AI Alliance in December 2023, focusing on advancing safe and open AI practices. The company’s efforts to enhance its AI offerings align with trends in the industry, where companies like Microsoft, Alphabet, Amazon, and Meta have found success in monetizing AI through enterprise customers.

Following these announcements, IBM’s stock saw a 2.4% increase to $174.11 as of Tuesday morning, with a 6.5% gain since the beginning of 2024. Overall, IBM’s strategic partnerships and AI updates position the company well in the competitive AI landscape and underscore its commitment to innovation and collaboration.

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