Legal News

IBM Investing $1 Billion in its Watson Computing Company
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

On Thursday IBM publicized it’s investing over $1 billion on it’s own Watson cloud computing business and giving it a new home in New York City. The computer company based in Armonk, New York, said the new business unit will adhere to the development and commercialization of the project.

The Watson project defeated a pair of champions on the game show “Jeopardy!” including a 74- time winner Ken Jennings in 2011. Since then, IBM is developing the computing system and changed it to a cloud based service. It is now being used in health care and banking. Watson is a rare computer, it learns from it’s past experiences and processes the information into it’s future operations. Or I other words- it is learning, using various neural net and artificial intelligence systems. 


Watson is built for a world where big data is transforming every industry and every profession, IBM CEO Ginni Rometty said. ” Watson does more than find the needle in the haystack, it understands the haystack. It understands context.” she said.

Leading the new business, is long time executive at IBM, Michael Rhodin. “The millennial generation gets this, they understand that is,” Rhodin said “This is a departure. It’s a statement on our part.” Customers and start-up companies will be looking to appropriate Watson’s capabilities.

Image Credit: ABC

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Interesting Legal Sites You May Like




Search Now

Mid-level Litigation Attorney with motions experience


Seattle office of our client seeks mid-level litigation attorney with 3-5 years of experience, inclu...

Apply Now

Environmental /Land Use Attorney with 2-3 years of experience

USA-CA-San Francisco

San Francisco office of our client seeks environmental /land use attorney with 2-3 years of experien...

Apply Now

Litigation Attorney with 2-5 years of insurance defense experience


Jacksonville office of our client seeks litigation attorney with 2-5 years of previous insurance def...

Apply Now

Attorney with 5+ years of complex litigation experience


Detroit office of our client seeks attorney with 5+ years of complex litigation experience. The cand...

Apply Now




INSURANCE DEFENSE / TRANSPORTATION LITIGATION Law firm located in North Houston seeking an associ...

Apply now

Hotline & Training Managing Attorney (IMMIGRATION)

USA-NY-New York City

Summary: The Hotline & Training Services Managing Attorney will guide, develop, and supervise the Ho...

Apply now

Legal Assistant / Paralegal


Our  law firm is currently seeking a qualified applicant to fill the position of a Legal Assist...

Apply now

Corporate Attorney


Warner Norcross & Judd, one of Michigan\'s largest and most progressive law firms, is looking f...

Apply now

Most Popular


To Top