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Ibm Unveils New Ai Models for Businesses As Genai Competition Heats Up

IBM Unveils New AI Models for Businesses as genAI Competition Heats Up

On Monday, International Business Machines (NYSE: IBM) released the latest version of its artificial intelligence models catered toward businesses. The company aims to capitalize on the growing adoption of generative AI technology by enterprises.

“Granite 3.0” models will be made open-source, similar to other versions in IBM’s Granite family of AI models. This approach differs from rivals such as Microsoft (NASDAQ: MSFT) which charges customers for access to their models.

In turn, IBM offers a paid tool called Watsonx that helps run models inside data centers after they have been customized.

Some variants of the new Granite models are available starting Monday for commercial use on the Watsonx platform. A selection of these models will also be available on Nvidia’s (NASDAQ: NVDA) stack of software tools that enable businesses to incorporate AI models.

The new Granite models were trained using AI chip leader Nvidia’s H100 graphics processor units (GPUs), said Dario Gil, IBM’s director of research.

(Source: ReutersReuters)