Market Flux Event

IBM Signs $240 Million Multi-Year Deal With Together AI to Deploy Nvidia HGX B300 Inference Cluster on IBM Cloud

IBM has agreed to deploy a cluster of Nvidia HGX B300 systems on IBM Cloud under a multi-year, $240 million contract with Together AI, the companies announced Tuesday. Together AI will use the infrastructure to deliver open-source AI inference at scale, making IBM a direct participant in the fast-growing neocloud GPU compute market alongside pure-play rivals. The deal signals IBM's push to monetize its cloud infrastructure through large, long-duration AI compute agreements anchored to Nvidia's latest Blackwell-generation hardware.

© AI-generated summary is provided by Market Flux

Sources

  1. ReutersIBM, Together AI ink $240 million deal for Nvidia-powered AI inference cluster
  2. InvestingIBM and Together AI sign $240M deal for AI inference on IBM Cloud
  3. MarketsdayIBM lands a $240 million AI inference deal with Together AI powered by Nvidia B300 systems.