Datavault AI commits ~$30M to IBM for watsonx AI software and cloud services

Datavault AI Inc.

Purchase commitment with IBM: $18.9M due June 2025, $4.7M due Nov 2025 for watsonx software subscriptions.
Cloud services agreement: minimum cumulative purchases of $6.3M over three years for watsonx as a Service.
Software includes watsonx.ai, watsonx.data, watsonx Orchestrate, and Watson Discovery (3-year term).
Agreements under IBM's Embedded Solution program for Datavault's data tokenization and AI platform.
Payments due within 30 days of invoice; custom representations, warranties, and reporting obligations.

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