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IBM bets $240m on cheap, open-source inference to take on the hyperscalers

The Next Web

TechnologyThe Next Web·Aug 11, 2026·1 min read

IBM bets $240m on cheap, open-source inference to take on the hyperscalers

A multi-year deal with the startup Together AI will put Nvidia Blackwell systems on IBM Cloud, and the wager is that enterprises now care more about the cost of running AI than the prestige of the model doing the running. IBM has decided…

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