WatsonX – pressnews

[ad_1] Today, December 19, has turned out to be an important day for artificial intelligence, especially for India. The government has announced that it has commenced the process of formulating regulations on AI to foster development, protection, and innovation in this space. In other news, IBM has revealed its plans to acquire StreamSets and webMethods platforms of Software AG for a total of 2.3 billion dollars in a bid to improve its own AI offerings. This and more in today's AI roundup. Let us take a closer look.Indian government preparing AI regulationsThe Indian government has initiated the process of formulating regulations for AI to promote development, protection, and innovation in the field, reported PTI. The Secretary of the Ministry of Electronics and Information Technology (...

[ad_1] The iconic American multinational corporation, International Business Machines Corps (IBM) dipped its toes into artificial intelligence more than 10 years ago. In 2010, it created Watson, a software that was capable of answering questions in natural language. It captured people's attention for winning the game show “Jeopardy!”. But the offering was never really substantiated commercially, and eventually, IBM was forced to sell its Watson Health unit for an undisclosed amount. But now, in 2023, the tech giant is back and has joined the AI race with its new WatsonX AI platform.IBM unveiled the platform earlier today, May 9 as an all-in-one toolkit to build and integrate AI solutions for enterprises. Introducing WatsonX, IBM website mentions, “Watsonx is our upcoming enterprise-read...

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5 things about AI you may have missed today: India preparing AI regulations, IBM’s AI acquisition, more

IBM joins the AI race with WatsonX; will ‘multiply impact’ of artificial intelligence across businesses