Datavault AI Stock Jumps 13% After Announcing Partnership With IBM

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IBM plans to contribute 20,000 hours of support, valued at approximately $5 million.

Datavault AI Inc.(DVLT) announced on Monday that it has secured a major partnership with IBM, which has committed substantial resources, including technical sales, engineering talent, and quantum computing expertise, to support Datavault AI’s expanding platform.

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IBM plans to contribute 20,000 hours of support, valued at approximately $5 million. Additionally, the company confirmed on Friday the completion of the first tranche of a $150 million Bitcoin (BTC)-backed investment from Scilex Holding Company. 

Datavault AI stock traded over 13% higher on Monday, after the morning bell. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels. 

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