ARMONK (dpa-AFX) - International Business Machines Corp. (IBM), a technology company, on Thursday announced a strategic collaboration with Arm Holdings plc (ARM) to develop dual-architecture hardware for AI and data-intensive enterprise workloads.
The partnership aims to combine IBM's system design and security expertise with Arm's power-efficient architecture to build scalable computing platforms.
The effort also supports the growing use of AI in core business operations.
The companies plan to expand virtualization to allow Arm-based software to run on IBM systems, improving compatibility and deployment in mission-critical environments.
The collaboration will also focus on enhancing performance, security, and data handling, while supporting hybrid and flexible infrastructure without major system changes.
Additionally, the initiative builds on IBM's AI hardware investments and aims to support long-term ecosystem growth by enabling broader software access and more flexible deployment options.
On Wednesday, Arm closed trading 2.51% higher at $155.07 on the Nasdaq. In the overnight trading, 3.52% lesser at $149.61.
On Wednesday, IBM closed trading 0.31% higher at $243.14 on the New York Stock Exchange. In the overnight trading, 0.93% lesser at $240.87.
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