** 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
(Reporting by Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))
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