IBM 2024 Outlook: Uniquely Set To Ride The Open-Source AI Wave

Sean Gallup Investment Thesis While International Business Machines Corporation (NYSE:IBM) has seen tough performance (declining business) for over 10 years, the company is leveraging open-source AI models through its Watsonx studio partnerships to emerge as an open-source AI beneficiary. The tech company has cut partnerships with companies such as their spinout Kyndryl and bought open-source companies like Red Hat (closed in 2019, but the story is coming into focus now). This has been in order to shift the ...