IBM Signs $240 Million Nvidia AI Cluster Deal

M&A · PartnershipProduct / Tech
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Summary · why it matters

IBM has signed a $240 million multi-year deal to build a massive Nvidia-powered inference cluster for Together AI. Under the agreement, IBM will deploy a large cluster of Nvidia HGX B300 systems on IBM Cloud, with availability expected in the first quarter of 2027. Together AI will use the capacity to provide open-source model inference to enterprise customers. The deployment will be IBM Cloud's first dedicated large-scale inference cluster built around HGX B300 systems and Nvidia Spectrum-X Ethernet networking. IBM's second-quarter revenue rose just 1% to $17.2 billion, while Infrastructure revenue fell 7%, though Distributed Infrastructure grew 37%.

Impact on stocks 3

Artificial Intelligence▲ · 2 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

IBM's deal involves deploying Nvidia HGX B300 systems, increasing demand for Nvidia's AI hardware.

Cloud & Digital Infrastructure▲ · 1 stocks

Theme Impact 5

Off-coverage companies 1

Together AI, Inc.Private▲ Positive
Demandrelevance

Together AI secures dedicated AI inference capacity from IBM to serve enterprise customers.

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