IBM Releases New AI Models for Businesses as GenAI Competition Heats Up

IBM's paid tool Watsonx helps run models inside data centers after customisation.

Advertisement
By Reuters | Updated: 21 October 2024 13:30 IST
Highlights
  • IBM is exploring the integration of AI and business growth
  • Unlike Microsoft, IBM will make its AI models accessible for free
  • Some of IBM's AI models will be available on Nvidia's software tool stack

The new Granite models were trained using Nvidia's H100 GPUs

Photo Credit: Reuters

IBM released the latest version of its Artificial Intelligence (AI) models catered towards businesses on Monday, looking to capitalise on the surge in enterprises adopting generative AI technology.

'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 that charge 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 customised.

Advertisement

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 stack of software tools that enable businesses to incorporate AI models.

Advertisement

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.

© Thomson Reuters 2024

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. OTT Releases of the Week: The Raja Saab, Kis Kisko Pyaar Karoon 2, Parasakthi, and More
  2. iPhone 18 Pro Max Leak Shows Us What to Expect In Terms of Battery Capacity
  3. Anthropic's Claude Opus 4.6 AI Model Is Here: Know What It Can Do
  4. Brave Ark 2-in-1 Android PC With Snapdragon 8s Gen 3 Launched in India
  5. GPT-5.3-Codex Arrives as OpenAI's First AI Model That Helped Build Itself
  6. Ikka Starring Sunny Deol and Akshay Khanna to Stream Soon on Netflix
  7. Samsung Galaxy S26 Ultra 3D Render Offers a 360-Degree Look at Its Design
  8. iQOO 15R Confirmed to Debut With 50-Megapixel Sony LYT Camera Sensor
  9. Qualcomm Says Smartphone Brands Reducing Production Amid Memory Shortage
  10. MediaTek's New Flagship SoC Will Power These Upcoming Phones in India
  1. GPT-5.3-Codex Released as OpenAI’s First AI Model to Assist in Its Own Development
  2. Unfamiliar Now Streaming on Netflix: Everything You Need to Know About Plot, Cast, and More
  3. Lava Yuva Star 3 Will Reportedly Launch in India Soon With Redesigned Camera Module
  4. Samsung Galaxy A57 5G Could Launch Soon as Handset Surfaces on Bluetooth SIG Database
  5. Xiaomi 17T Pro Leak Reveals Chipset, Battery, Durability and Other Key Specifications
  6. Baby Girl OTT Release Date Revealed: When and Where to Watch Nivin Pauly’s Film Online?
  7. War Machine OTT Release Date: When and Where to Watch it Online?
  8. Neighbors OTT Release Date: When and Where to Watch it Online?
  9. Brave Ark 2-in-1 Android PC Launched in India With 14,550mAh Battery, 12.95-Inch Display: Price, Specifications
  10. Ubisoft Reportedly Cancels Co-Op Multiplayer Assassin's Creed Game
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.