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IBM beats third-quarter profit estimates on software strength

International Business Machines beat analysts' estimates for third-quarter profit on Wednesday, helped by robust growth in its high-margin software segment as businesses prioritized spending on its IT services and doubled down on AI adoption.

Meta releases AI model that can check other AI models' work

Facebook owner Meta said on Friday it was releasing a batch of new AI models from its research division, including a "Self-Taught Evaluator" that may offer a path toward less human involvement in the AI development process.

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