IBM and Together AI Sign $240 Million AI Infrastructure Deal
IBM and Together AI signed a $240 million agreement to deploy NVIDIA HGX B300 systems on IBM Cloud for open source AI model inference, with availability expected in Q1 2027.
Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
IBM and Together AI signed a $240 million agreement to deploy NVIDIA HGX B300 systems on IBM Cloud for open source AI model inference, with availability expected in Q1 2027.
BrainChip and Orama.AOI are combining Akida with optimized machine vision models for factory defect detection, with stated power use of 4 to 6 watts and lower system costs.
EMERGING and Promethean have launched The Experience Fund, a $300 million fund backing AI, automation, and data infrastructure for hospitality and experiential entertainment.
Shaires Holdings has announced binding agreements for exposure to private technology and AI companies including Anthropic, Stripe, ByteDance, Moonshot AI, Figure AI, SandboxAQ, and Colossal Biosciences.
CodeMettle received an IDIQ contract to provide Terminus software licenses and support services for the U.S. Army Tactical Network Operations solution.
Databricks raised $5 billion at a $190 billion valuation after investor interest reached $15 billion, according to CEO Ali Ghodsi. The round was led by Coatue and included Blackstone, MGX, T. Rowe Price related accounts, and Sixth Street Growth.
Anthropic investors expect the company to seek a valuation above $2 trillion in its planned October IPO, based on rapid revenue growth and annualized run rate projections.
OpenAI is on track to exceed $40 billion in annualized revenue, roughly twice its run rate at the end of 2025. Growth has come from coding tools, subscriptions, advertising, and demand for AI agents.
XTransfer says it has served over 1 million enterprise clients and expanded AI tools in TradePilot, its system for risk review in B2B trade payments.
IncQuery has launched an AI assisted tool that checks surveys against research objectives before fielding. The tool flags potential gaps, reviews question fit, and explains its recommendations.
IBM and OpenAI have announced a partnership to add OpenAI models and tools to IBM Consulting services for enterprise AI projects.
zeb has been named an OpenAI Select Partner in the OpenAI Partner Network. The company said it will work with OpenAI to help enterprises build, deploy, and scale AI systems.
Alcor has launched CMDB Catalyst, an AI powered product built on the ServiceNow Platform to monitor, automate, and optimize Configuration Management Database operations.
Lam Research plans to invest more than $3 billion over five years to expand its global R&D lab network and increase experiment capacity by more than 50%.
Oracle and AWS expanded their collaboration around Oracle AI Database@AWS, which is now available in 22 AWS Regions. Oracle Exadata Database Service on Exascale Infrastructure is now generally available on the service.
IMPLAN has launched IMPLAN Intelligence, a suite of AI tools that lets subscribers run economic impact models through Claude, ChatGPT, and other AI tools.
nCino and Dun & Bradstreet are integrating the D&B Commercial Graph into nCino Client Lifecycle Management to support onboarding, KYC, KYB, and client monitoring for financial institutions.
Context Labs has announced a set of transactions with Trafigura that includes the acquisition of Agora Europe and Kinertic, a Trafigura equity stake, and a multiyear platform license agreement.
Guideline and Tinuiti announced a partnership that adds Tinuiti as a strategic data contributor to Guideline Ad Intelligence, with Tinuiti gaining access to Guideline Ad Intelligence Data.
Interloc Solutions has launched interloc.ai, an enterprise agentic AI platform for IBM Maximo and Maximo Application Suite. The platform uses specialized agents to create and update work orders, recommend labor assignments, and execute approved actions inside Maximo.