Datavault AI rallies after securing IBM licensing agreement

ReutersJul 11, 2025 8:56 PM

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Shares of Datavault AI DVLT.O surge 42.5% to $1.01 in extended trading

IBM IBM.N agrees to license programs to Datavault for $18.9 million and $4.7 million, effective June 30 this year

According to the agreement, Datavault AI will provide IBM with quarterly reports detailing program usage

DVLT down 65.4% YTD

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