IBM is making waves in the world of generative AI with a new set of technologies and partnerships announced at the company’s Think 2024 conference. The tech giant, with a long history in AI, unveiled its Watsonx genAI product platform last year, which has become the cornerstone of its gen AI efforts.
At Think 2024, IBM is taking a significant step by making a series of its Granite models available as open-source code. These models, ranging from 3 to 34 billion parameters, cover both code and language tasks. Additionally, IBM is incorporating Mistral AI models, including Mistral Large, into its platform to enhance its offerings.
One of the key applications for gen AI is building assistants, and IBM is expanding its support in this area with new Watsonx assistants. IBM CEO Arvind Krishna emphasized the massive potential of AI, comparing its impact to that of the steam engine or the internet.
In a move to further strengthen its enterprise AI capabilities, IBM is also introducing three new Watsonx assistants at Think 2024. These include assistants for Java, IBM Z, and Orchestrate, providing developers and organizations with tailored AI solutions.
Moreover, IBM is focusing on technologies like Retrieval Augmented Generation (RAG) and vector databases to empower its AI solutions. The company sees a promising future for InstructLab technology, which enables continuous model improvement.
Despite the optimism surrounding gen AI, IBM is mindful of the potential impact on employment. Krishna highlighted the link between productivity and business growth, suggesting that gen AI could lead to increased total employment. With its innovative approach to AI and commitment to open-source principles, IBM is poised to lead the way in the evolving landscape of artificial intelligence.