Sunday, June 4, 2023
Woman PWR
No Result
View All Result
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Shop
  • Virtual Meeting
Woman PWR
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Shop
  • Virtual Meeting
No Result
View All Result
Woman PWR
No Result
View All Result

IBM Introduces A New Business Ai Data Platform

Staff by Staff
May 11, 2023
in Empowerment
0
Home Empowerment

International Business Machines (IBM) launched on Tuesday an AI-based data platform Watsonx, to help enterprises adopt the technology in their businesses, according to Reuters. This announcement comes amid a rush to stay relevant in the artificial intelligence (AI) space and gain an advantage over rivals.

Related Post: Two Impressive AI Technology Platforms for You To Try!

After IBM’s Watson program gained notoriety for winning the game show Jeopardy ten years ago, the introduction of a new AI platform is now being made.

The New York-based business had claimed at the time that Watson could “learn” and understand human language. However, Watson’s exorbitant price made it challenging for businesses to use.

The competition to incorporate AI into products has caught the attention of digital giants who are choosing to do business after the debut of OpenAI’s ChatGPT, a human-like chatbot.

Before the company’s annual Think conference, BM CEO Arvind Krishna told Reuters that “this time, the lower cost of implementing the large language AI models means the chances of success are high.”

“When something is 100 times cheaper, it really creates an attraction that is very, very different,” said Krishna.

“Creating the model has a high initial barrier, but once you’ve done that, adapting it for a hundred or thousand different tasks is very simple and can be done by a non-expert,” the author writes.

Also Read: What Are the Worst Mistakes That a Vacation Rental Business Can Make?

In the upcoming years, AI might eliminate some of IBM’s back-office positions. He referred to media reports stating that IBM is stopping its hiring process, saying, “That doesn’t mean the total employment decreases.”

“That makes it possible to invest significantly more in value-creating activities…Because we’re hiring into areas where there is a lot greater demand from our clients, we hired more individuals than we let go, he noted.

Furthermore, he said, “IBM was also embracing a more open ecosystem and partnering with open-source AI software development hub Hugging Face and others.”

Companies may use the Watsonx platform to train and deploy AI models, write code automatically from natural language, and employ a variety of huge language models created for various applications, such as chemical synthesis or climate change modeling, according to IBM.

  • New Watson products infused with foundation models and generative AI will be launched for code, AIOps, digital labor, security, and sustainability.
  • IBM also announced the Watsonx Platform, which will power next-generation foundation models for business.
  • Watson is a new platform for foundation models and generative AI, offering a studio, data store, and governance toolkit.
  • Using enterprise-grade AI, IBM Consulting has announced the opening of a Centre of Excellence for Generative AI with over 1000 AI specialists on staff.

Also Read: Can Car Accident Injuries Show Up Later?

RELATED POST

How Did Kylie Jenner Start Such A Successful Business At Such A Young Age?

What Are The Advantages Of Purchasing Beauty Services Insurance?

To meet these demands, the IBM Watson platform offers three distinct product sets:

IBM Watsonx.ai is a next-generation enterprise studio that will enable AI developers to train, test, optimize, and deploy both conventional machine learning and new generative AI capabilities driven by foundation models through an open and user-friendly interface. It is anticipated to be publicly available in July 2023.  So, users will be able to access it.

Source: Cosmo Politian

ShareTweetPin

Related Posts

How Did Kylie Jenner Start Such A Successful Business At Such A Young Age?
Empowerment

How Did Kylie Jenner Start Such A Successful Business At Such A Young Age?

June 4, 2023
What Are The Advantages Of Purchasing Beauty Services Insurance?
Empowerment

What Are The Advantages Of Purchasing Beauty Services Insurance?

June 4, 2023
Digital Engagement Is A Significant Priority For The Consumer Products Business
Empowerment

Digital Engagement Is A Significant Priority For The Consumer Products Business

June 4, 2023
How Hackers Can Disrupt Your Business Website [INFOGRAPHIC]
Empowerment

How Hackers Can Disrupt Your Business Website [INFOGRAPHIC]

June 4, 2023
Larry Ellison – The Success Story of Oracle Cofounder Larry Ellison
Empowerment

Larry Ellison – The Success Story of Oracle Cofounder Larry Ellison

June 4, 2023
Dwayne Johnson: Why Is Dwayne Johnson A Role Model For Business Executives?
Empowerment

Dwayne Johnson: Why Is Dwayne Johnson A Role Model For Business Executives?

June 3, 2023
Next Post
Discover Your Style With Saudi Based AI Personal Shopping Platform: Amira

Discover Your Style With Saudi Based AI Personal Shopping Platform: Amira

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT US

An organization dedicated to Connecting, Inspiring & Empowering Women around the Middle East and the World. It is the first women empowerment organization that helps successful women meet like-minded successful women by bringing together high achieving successful professional women.

Follow us

QUICK LINKS

  • About
  • Privacy Policy
  • Terms
  • Contact
  • Advertise
  • Membership

Copyright © MetaMedia™ Capital Inc, All right reserved.

No Result
View All Result
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Shop
  • Virtual Meeting

Copyright © MetaMedia™ Capital Inc, All right reserved.