IBM has launched a $500 million venture fund aimed at investing in AI enterprises ranging from early-stage startups to those experiencing rapid growth.

IBM has unveiled watsonx Code Assistant, an AI-driven tool built on Granite foundation models, designed to assist enterprise developers and IT operators with coding tasks using natural language inputs.

IBM and KPMG have inked an expansion of their existing alliance to support business transformations in the Energy and Utilities industry through SAP S/4HANA implementations.

IBM has acquired Manta, a data lineage platform provider headquartered in Prague, Czech Republic. Financial details of the transaction were not disclosed.

IBM has announced a partnership with Amazon Web Services (AWS), aiming to upgrade existing solutions with generative AI technology to deliver value for enterprise clients.