00:00It's Benzinga, bringing Wall Street to Main Street.
00:02IBM and Startup Together AI signed a $240 million multi-year agreement to build a large-scale
00:08artificial intelligence cluster on IBM Cloud using NVIDIA systems, according to Reuters.
00:13The cluster will provide inference for open-source AI models as businesses seek to reduce AI costs
00:18and weigh cybersecurity concerns involving models from Anthropic, OpenAI, and Meta.
00:22The IBM Cloud Cluster will use NVIDIA HGXB300 systems featuring newer Blackwell processors
00:29and Spectrum X Ethernet networking gear.
00:32Together, AI's platform allows companies to train and run AI workloads on open models
00:36including DeepSeq, Minimax, and Kimi at lower costs than closed systems.
00:40The San Francisco-based startup was valued at $8.3 billion in July.
00:44For all things money, visit Benzinga.com.
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