From Yahoo Finance: 2025-05-02 17:50:00

Box Inc. partners with IBM to bring enterprise AI to businesses, combining WatsonX with Box AI for customizable closed-system models. IBM’s WatsonX offers AI models like Granite and Llama, benefiting financial services for fraud detection and risk analysis. The partnership aims to accelerate knowledge work processes, changing how businesses operate with AI.

IBM partners with major banks like Bank of America and JPMorganChase, with financial services making up 7% of IBM’s clients. The collaboration with Box allows IBM employees access to Box AI with WatsonX, enhancing AI governance and compliance. The partnership focuses on leveraging unstructured data within organizations for AI, prioritizing security and compliance in regulated industries.



Read more at Yahoo Finance: IBM and Box partner on enterprise AI for businesses