IBM, Together AI Sign $240M Deal for Nvidia AI Cluster

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- IBM and Together AI signed a $240 million multi-year agreement to build a large-scale AI inference cluster hosted on IBM Cloud infrastructure.
- The cluster will run on Nvidia's HGX B300 systems and is designed to support open-source AI models, per the deal terms reported by Reuters.
Why it matters: The $240 million, multi-year commitment gives IBM Cloud a marquee AI infrastructure customer and channels demand for Nvidia's latest HGX B300 hardware toward open-source model serving — a segment that has been overshadowed by proprietary frontier-model deals.
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