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IBM International Business Machines Corp

167.08
-1.83 (-1.08%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Business Machines Corp NYSE:IBM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.83 -1.08% 167.08 167.87 165.73 167.50 8,983,793 00:58:36

IBM Launches $500 Million AI-Focused Venture Fund

07/11/2023 2:44pm

Dow Jones News


International Business M... (NYSE:IBM)
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By Will Feuer

 

International Business Machines said it is launching a $500 million venture fund to invest in various artificial intelligence-focused companies.

The investments will target companies focused on generative AI applications for enterprises.

Earlier this year, IBM launched its Watsonx AI-and-data platform. The company has been rolling out new features, including code assist.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

November 07, 2023 09:29 ET (14:29 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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