Reported about 19 hours ago
IBM has announced a significant partnership with Anthropic to integrate advanced AI models into its software portfolio, reinforcing its commitment to innovation in the artificial intelligence sector. This strategic move is expected to enhance IBM's competitive edge in the enterprise AI market, which bodes well for the company's stock. Currently, options data indicates a positive outlook for IBM shares, with potential for further gains as analysts maintain a 'Moderate Buy' rating, projecting price targets up to $350.
Source: YAHOO