IBM, one of the leading technology companies, recently announced the launch of its new data and artificial intelligence platform called Watsonx.
This tool’s main objective is to help companies integrate artificial intelligence into their business processes.
Data preparation, model development, implementation and monitoring of results
The IBM Watsonx platform spans all stages of the AI ​​product lifecycle, including data preparation, model development, deployment, and tracking results. In addition, this tool allows companies to train and deploy AI models, automatically generate code using natural language, and use various large language models designed for different purposes, such as creating chemicals or modeling climate change.
The new platform seeks to create a more open ecosystem
IBM is also looking to create a more open ecosystem by forging new partnerships, such as its collaboration with open source AI software development center Hugging Face. In this way, collaboration is encouraged and the way is opened to new opportunities.
The recent success of AI in companies
The launch of Watsonx comes more than ten years after IBM’s Watson software rose to worldwide fame for beating the Jeopardy game show by “learning,” processing human language, and generating highly relevant responses. At the time, it was too expensive for most real-world applications, making it difficult for enterprises to use due to economic constraints and a lack of prior positive experience using machine learning and AI in their business processes. .
However, the recent rapid success of ChatGPT in enterprise AI adoption and the proliferation of similar alternative platforms led IBM to rethink the current situation in terms of new business opportunities, ultimately leading to Watsonx.
The cost of big language AI models
The current costs of implementing so-called big language AI models are relatively low compared to what the world had just a few years ago. With this in mind, the chances of success are high, IBM CEO Arvind Krishna said in an interview with Reuters.
The change in the internal labor structure of IBM
The IBM CEO also commented that IBM itself would have to face a change in its internal labor structure due to the emergence of advanced AI technologies. But, at the same time, their goal is to keep total employment stable and even growing by investing more in value-creating activities.
