Watson set to get $1 billion in funding from IBM


We’ve written some posts about IBM’s Watson in the past, and it seems that the computer that has been  wreaking havoc with “Jeopardy!” contestants has been given some money to help IBM realise its return to growth.

IBM is ready to fund the newly-formed Watson Business Group to the tune of $1 billion, funds which will be focused on “…the development and commercialization of cloud-delivered cognitive innovations.”

The business division will be housed in Manhattan, and will use Watson to develop apps for a selection of fields, some of which include healthcare, finance, travel, telecommunications and retail.

Imagine Watson telling your wife she really shouldn’t buy that new D&C handbag once that retail/finance advice app is completed.

Brave lad.

Source: Engadget


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