IBM is planning to make its IBM Granite model series available worldwide later this year, in collaboration with Salesforce, Inc. The aim is to provide customers with more models for improved decision-making in AI CRM use cases. The Granite code models range from parameters 3B to 34B and are suitable for tasks such as code generation and error correction.
In addition, IBM is partnering with AWS to bring together Amazon.Com, Inc. SageMaker and watsonx.governance on AWS to provide advanced AI governance capabilities for predictive machine learning and generative AI models for Amazon SageMaker customers. IBM also announced the release of a family of IBM Granite models in open source and launched InstructLab in partnership with Red Hat.
Furthermore, IBM is collaborating with Adobe Inc. in hybrid cloud and AI, integrating Red Hat OpenShift and watsonx into Adobe Experience Platform. The companies are exploring options to make watsonx.ai and Adobe Acrobat AI Assistant available on-premises and in the private cloud. IBM is also introducing a new consulting service to promote customer adoption of Adobe Express, with these capabilities expected to be available in the second half of 2024.
According to Benzinga Pro, IBM shares have gained more than 33% in the past year. Investors can gain exposure to IBM stocks through FT Vest Technology Dividend Target Income ETF and FT Vest DJIA Dogs 10 Target Income ETF. IBM shares closed up 0.53% at $169.92 in premarket trading on Tuesday.
Overall, IBM is making significant advancements in the field of AI with the introduction of the IBM Granite model series and various partnerships with companies like Salesforce, AWS, Red Hat, and Adobe. These initiatives aim to provide customers with more AI models and improved governance capabilities for their predictive machine learning and generative AI models. IBM’s stock performance has been positive, with a 33% gain in the past year, making it an attractive investment option for investors looking to gain exposure to the company’s growth in the AI sector.
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