IBM unveils new watsonx, AI and data platform

Worldwide Enterprise Machines Corp (IBM.N) on Tuesday launched watsonx, a brand new synthetic intelligence and information platform to assist corporations combine AI of their enterprise.

The brand new AI platform launch comes over a decade after IBM’s software program referred to as Watson bought consideration for profitable the sport present Jeopardy. IBM on the time stated Watson might “study” and course of human language. However Watson’s excessive value on the time made it a problem for corporations to make use of, in line with Reuters reporting.

Quick ahead a decade, chatbot ChatGPT’s in a single day success is making AI adoption at corporations a spotlight, and IBM is trying to seize new enterprise. This time, the decrease value of implementing the big language AI fashions means the probabilities of success are excessive, IBM CEO Arvind Krishna informed Reuters forward of the corporate’s annual Assume convention.

“When one thing turns into 100 occasions cheaper, it actually units up an attraction that is very, very totally different,” stated Krishna. “The primary barrier to create the mannequin is excessive, however as soon as you have carried out that, to adapt that mannequin for 100 or a thousand totally different duties may be very simple and may be carried out by a non-expert.”

Krishna stated AI might cut back sure again workplace jobs at IBM within the coming years. “That does not imply the entire employment decreases,” he stated about some media studies speaking about IBM pausing hiring for 1000’s of jobs that AI might substitute.

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“That provides the flexibility to plow much more funding into value-creating actions…We employed extra folks than had been let go as a result of we’re hiring into areas the place there’s much more demand from our shoppers.”

He added that IBM was additionally embracing a extra open ecosystem and partnering with open-source AI software program growth hub Hugging Face and others.

IBM stated corporations can use the watsonx platform to coach and deploy AI fashions, mechanically generate code utilizing pure language and use numerous massive language fashions constructed for various functions resembling chemical creation or local weather change modeling.