Investi Stratix
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Investi Stratix
No Result
View All Result

IBM releases new AI models for businesses as genAI competition heats up

by
October 21, 2024
in Economy
0
IBM releases new AI models for businesses as genAI competition heats up

(Reuters) – IBM (NYSE:IBM) released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the surge in enterprises adopting generative AI technology.

“Granite 3.0” models will be made open-source, similar to other versions in IBM’s Granite family of AI models. This approach differs from rivals such as Microsoft (NASDAQ:MSFT) that charge customers for access to their models.

In turn, IBM offers a paid tool called Watsonx that helps run models inside data centers after they have been customized.

Some variants of the new Granite models are available starting Monday for commercial use on the Watsonx platform. A selection of these models will also be available on Nvidia (NASDAQ:NVDA)’s stack of software tools that enable businesses to incorporate AI models.

The new Granite models were trained using AI chip leader Nvidia’s H100 graphics processor units (GPUs), said Dario Gil, IBM’s director of research.

This post appeared first on investing.com
Previous Post

Malaysia says advance estimates show Q3 growth at 5.3% y/y

Next Post

Analysis-As poor nations’ default wave peaks, cash shortage could take its place

Next Post
Analysis-As poor nations’ default wave peaks, cash shortage could take its place

Analysis-As poor nations’ default wave peaks, cash shortage could take its place

Subscribe to InvestiStratix.com

    Popular News

    Argentina’s black market for dollar falters as President Milei dismantles currency controls

    Argentina’s black market for dollar falters as President Milei dismantles currency controls

    May 17, 2025
    Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

    Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

    May 17, 2025
    How billionaire Caltagirone could influence Italy’s banking M&A wave

    How billionaire Caltagirone could influence Italy’s banking M&A wave

    May 17, 2025
    Walmart to pass on tariff burden to shoppers, braces for margin volatility

    Walmart to pass on tariff burden to shoppers, braces for margin volatility

    May 16, 2025
    Crypto demand pushes up Bolivia’s parallel dollar: USDT in the spotlight

    Crypto demand pushes up Bolivia’s parallel dollar: USDT in the spotlight

    May 16, 2025

    Trending News

    Argentina’s black market for dollar falters as President Milei dismantles currency controls

    Argentina’s black market for dollar falters as President Milei dismantles currency controls

    May 17, 2025
    Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

    Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

    May 17, 2025

    Popular News

    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      May 17, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      May 16, 2025

    About Us

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investistratix.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 investistratix.com | All Rights Reserved