IBM’s latest Watsonx GenAI technology targets large businesses and governance, says TechTarget

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IBM’s latest Watsonx GenAI technology targets large businesses and governance, says TechTarget

IBM, a 113-year-old technology company, is taking a different approach to generative AI compared to its competitors. Instead of focusing on consumer applications, IBM is targeting GenAI applications for businesses. The company offers large open source language models and AI assistants designed to help businesses modernize their operations and automate tasks. IBM’s GenAI platform, Watsonx, also includes a security layer called LLM security and supports integrations with other AI platforms such as Microsoft, Amazon, Meta, and Mistral.

Despite falling behind flashier GenAI vendors like OpenAI and Google, IBM has remained dedicated to implementing business applications of the technology. The company’s CEO, Arvind Krishna, highlighted the importance of deploying AI across enterprises during the IBM Think 2024 conference. IBM’s strategic approach to GenAI, in collaboration with its subsidiary Red Hat, allows enterprise customers to use open source models for free and monetize them through the Watsonx platform.

In addition to its focus on business applications, IBM has introduced new tools like the Watsonx Code Assistant for enterprise Java applications and Code Assistant for Z to help accelerate mainframe application modernization. These tools have been welcomed by partners like Stone Door Group, who utilize them to augment the work of human coders and improve efficiency.

IBM’s generative AI product launch also includes Concert, a system that leverages GenAI to identify and troubleshoot issues in enterprise IT systems. Concert acts as a nervous system for technology and operations, providing recommendations and orchestrating responses to fix issues.

IBM has forged partnerships with startups like Casper Labs, which is developing a blockchain-based AI governance system called Prove AI. Prove AI aims to provide transparency and auditability for AI training data, addressing the need for governance controls in AI technology. The partnership with Casper Labs demonstrates IBM’s commitment to innovation and collaboration in the rapidly evolving AI landscape.

Overall, IBM’s approach to generative AI emphasizes practical applications for businesses, leveraging open source models and strategic partnerships to drive value for customers. The company’s focus on enterprise solutions and AI governance sets it apart from competitors in the GenAI space, showcasing IBM’s commitment to meeting the unique needs of its diverse customer base.

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https://www.techtarget.com/searchenterpriseai/news/366585946/New-IBM-Watsonx-GenAI-tech-focuses-on-enterprises-governance