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IBM Watson Acquires Cognea To Offer Conversational Virtual Personalities
Wednesday, May 21, 2014 - 2:00pm | 624IBM (NYSE: IBM) confirmed its acquisition of artificial intelligence startup, Cognea, via a blog post Tuesday. Cognea offers a stable of virtual assistants that communicate with people via relatable personalities. Depending on the user, IBM said, Cognea’s virtual assistants would focus on “...
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IBM Looking To Sell Chip Manufacturing Business
Friday, February 7, 2014 - 2:23pm | 543U.S. technology giant, International Business Machines (NYSE: IBM) has appointed Goldman Sachs (NYSE: GS) to help it explore the possibility of selling its semiconductor manufacturing business, according to a report in the Financial Times on Thursday. Sources told the newspaper that in lieu of...
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IBM Bets $1 Billion On 'Watson'
Friday, January 10, 2014 - 11:30am | 598Despite a less-than-stellar performance as a revenue generator so far, IBM's (NYSE: IBM) Watson supercomputer is getting significant financial support in an attempt to bring the company’s Jeopardy-winning bundle of wires and chips to a large array of applications. Originally, IBM Chief...
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Market Wrap For January 9: All Eyes on Tomorrow's Job Report
Thursday, January 9, 2014 - 5:43pm | 2416Markets were relatively calm during Thursday's trading session as investors anticipate Friday's jobs report. The December employment report is expected to show about 200,000 payroll jobs representing a steady growth and a clear sign that labor market and economy are both strong. Related:...
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Facebook Enters Artificial Intelligence Research Arena
Tuesday, December 10, 2013 - 1:41pm | 546Facebook (NASDAQ: FB) has hired New York University professor Yann LeCun to head up its research in artificial intelligence, AllThingsD reported Monday. The move marks both a formal launch and expansion to AI research efforts by Facebook that have been underway for some time. Professor LeCun...
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IBM's Watson Will Be Open To Public On The Cloud
Thursday, November 14, 2013 - 11:20am | 560IBM's (NYSE: IBM) supercomputer, Watson, is evolving faster than many imagined. From game show contestant, to medical consultant, and soon, running an information booth on the Internet through what the company calls the Watson cloud service. Gizmodo reported Thursday that IBM announced Watson...
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Mobile Health Apps Could Be the "Next Big Thing"
Friday, November 8, 2013 - 3:32pm | 633Investors are always looking for the “next big thing.” Business Insider, in a recent report, suggested the mobile health apps industry might be worth considering. Statistics support that notion with BI pointing out skyrocketing health care costs and the fact that health-related spending in the...
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IBM's Watson Coming to Smartphones Soon (IBM)
Tuesday, October 22, 2013 - 9:10am | 622What if you could speak into your smartphone, describing your symptoms when you felt ill, and receive an accurate medical diagnosis that could help you decide whether what you had was as serious as a heart attack or more likely just heartburn? What if you could take a picture of a used car you...
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IBM Wants to 'Watsonize' the World (IBM)
Friday, October 4, 2013 - 1:22pm | 623Imagine a supercomputer so powerful it could absorb millions of bits of data including complete patient records, drug interactions, and past results. Imagine this machine, which understands natural language, could then generate hypotheses based on the data it had assimilated and that in fractions...