Welcome to the Extreme Investor Network, where we provide unique and valuable information on all things finance. Today, we’re diving into what’s happening with IBM shares on Tuesday.
IBM recently announced that they are exploring to make the IBM Granite model series available for use on the Salesforce, Inc. Einstein 1 platform later this year. These models range from 3B to 34B parameters and are designed for tasks such as code generation and bug fixing.
In addition, IBM and AWS are partnering to bring Amazon.Com, Inc. SageMaker and watsonx.governance on AWS. This collaboration will provide advanced AI governance capabilities for Amazon SageMaker clients.
IBM is also releasing a family of IBM Granite models into open source and launching InstructLab in collaboration with Red Hat. They are also partnering with Adobe Inc. on hybrid cloud and AI, as well as introducing a new consulting service to advance client adoption of Adobe Express.
According to Benzinga Pro, IBM stock has gained over 33% in the past year. Investors can gain exposure to the stock through ETFs such as FT Vest Technology Dividend Target Income ETF (TDVI) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG).
IBM shares closed higher by 0.53% to $169.92 premarket on Tuesday. Stay tuned for more stock analysis and updates from Extreme Investor Network.
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