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IBM and the EY organization debut artificial intelligence-powered global tax compliance solutions

1. IBM and EY announced EY.ai, enhancing AI in tax compliance. 2. This development strengthens IBM's position in the AI technology sector.

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FAQ

Why Bullish?

The launch of EY.ai demonstrates IBM's ongoing innovation in AI, reminiscent of prior successes that positively impacted stock performance.

How important is it?

Strengthening alliances and innovative product offerings are crucial for IBM's market positioning and growth strategy.

Why Long Term?

This collaboration could drive sustained revenue growth as AI adoption in tax compliance expands.

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IBM's technology coupled with the EY organization's deep domain experience reimagines the role of artificial intelligence in the evolving tax compliance landscape ARMONK, N.Y. and NEW YORK , May 1, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and the EY organization continue to build upon their multiyear alliance, today announcing the availability of EY.ai for tax, built with IBM watsonx.

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