11:43 AM EST, 11/18/2024 (MT Newswires) -- IBM ( IBM ) and Advanced Micro Devices ( AMD ) said Monday they are collaborating to deploy the AMD Instinct MI300X accelerators as a service on IBM ( IBM ) cloud.

The companies expect the offering to be available in H1 2025.

Shares of IBM ( IBM ) were up 1% in recent trading, while Advanced Micro Devices ( AMD ) added 3.9%.

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