IBM Stock Gains as Sovereign AI Platform Launches in India with Yotta

IBM's stock price rose by approximately 0.3% to $220.60 on September 30, following the launch of its sovereign AI platform in India with partner Yotta.

The IBM-Yotta platform allows Indian organizations to deploy AI agents while keeping their data and operations within the country.

The platform uses watsonx Orchestrate to manage and govern AI agents, and Yotta's Shakti Cloud for computing power, GPUs, networking, and security.

Available in Panvel and Greater Noida cloud regions, the platform supports tasks such as security operations, document processing, and HR automation.