Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

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

by
October 21, 2024
in Investing
0
IBM releases new AI models for businesses as genAI competition heats up
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

(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

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

July 1, 2025
Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

July 1, 2025
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025

Recent News

Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

July 1, 2025
Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

July 1, 2025
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

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

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved