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Tag Archives: AI Demand

AI Demand: IBM Shares Rises by 13%, Revenue by 4%

AI Demand: IBM Shares Rises by 13%, Revenue by 4%

IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its artificial intelligence services. Orders from IBM’s generative AI business, which includes bookings and sales from services such as those powered by its Watsonx AI platform, doubled …

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