IBM's Watson gets its own business
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
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Rice Energy spin-off priced below expected range
- Stock market makes biggest gain in 3 years
- FedEx to buy product-return firm Genco in e-commerce push
- Harmar developer sells 15 hotels in Western Pa., West Virginia
- Peet’s Coffee & Tea closes its 3 Pittsburgh stores
- Wesco cautious, reaffirms guidance
- Fed emphasizes patient approach on rate increases
- Natural gas groups says increase in Pennsylvania taxes would bring dire results for economy
- E-cigarette tech takes off
- Consol Energy moves ahead with plan to spin off coal operations
- EDMC accused in GI Bill scheme