TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

IBM's Watson gets its own business

By The Associated Press
Friday, Jan. 10, 2014, 12:01 a.m.
 

One of the most famous “Jeopardy!” champs of all time is moving to Manhattan.

No, it's not Ken Jennings.

IBM announced on Thursday that it's investing more than $1 billion to give its Watson cloud computing system its own business division and a home in the heart of New York City.

The Armonk, N.Y.-based computing company said the new business unit will be dedicated to the development and commercialization of the project that gained fame by defeating a pair of “Jeopardy!” champions, including 74-time winner Jennings, in 2011.

In the years since Watson's TV appearance, IBM has been developing the computing system for more practical purposes and changed it to a cloud-based service. Its massive analytical capabilities are used in industries ranging from health care to banking.

IBM said Watson is unique because it isn't programed like traditional computers. Instead, it learns from its experiences and factors that information into its operations.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Pittsburgh Brewing tries to reconnect with region, return to glory days
  2. Hiring in shale industry shifts to engineering, construction workers
  3. Hotels, restaurants lead job additions in Pittsburgh region
  4. EPA hearings to bring coal debate to Pittsburgh streets
  5. Consol Energy posts $25 million loss despite gas gains
  6. Central Blood Bank parent in merger talks with Florida system
  7. Stocks end with little change as investors await Fed moves, jobs report
  8. Construction of $500M power plant in South Huntingdon stalled
  9. Plug-in Accord makes gas station visits rare
  10. Dollar Tree set to spend $8.5B on Family Dollar
  11. FAA proposes $12M safety fine against Southwest
Subscribe today! Click here for our subscription offers.