IBM Forms New Watson Group to Meet Growing Demand for Cognitive Innovations
IBM will invest more than $1 billion into the Watson Group, focusing on development and research and bringing cloud-delivered cognitive applications and services to market. This will include $100 million available for venture investments to support IBM's recently launched ecosystem of start-ups and businesses that are building a new class of cognitive apps powered by Watson, in the IBM Watson Developers Cloud.
John ConnollyIBM Media RelationsUnited Statesjconnol@us.ibm.com(781) 636-8512
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