Monday, September 25, 2023
HometechnologyIBM doubles down on Watson

IBM doubles down on Watson

IBM plans to jumpstart Watson with a $100 million venture fund to build a business around the supercomputer that famously beat two human champions of the TV game show "Jeopardy!" in 2011.

The fund to boost startups building apps for Watson is part of a $1 billion investment in Watson that IBM CEO Ginni Rometty unveiled today in New York. The aim is to transform the machine designed to answer natural language questions into a real business. IBM will to devote 2,000 people to the effort in the new business unit.

Read the full story here.

By Arik Hesseldahl,

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.


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