Shares of International Business Machines Corporation (IBM) are climbing about 5 percent on Tuesday morning trading over its collaboration with Deepgram, integrating the company's watsonx Orchestrate generative AI solution with Deepgram's speech-to-text and text-to-speech capabilities.
The company's stock is currently trading at $235.18, up 5.30 percent or $11.93, over the previous close of $223.35 on the New York Stock Exchange. It has traded between $214.50 and $324.90 in the past one year.
The integration would offer a wider range of languages and dialects, including dozens of Arabic and Indian variants, along with voices that reflect regional accents. Additionally, it would offer options for custom tuning, real-time captioning and natural-sounding speech.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.