IBM on Tuesday launched watsonx, a new artificial intelligence and data platform to help companies integrate AI in their business. From a report: The new AI platform launch comes over a decade after IBM’s software called Watson got attention for winning the game show Jeopardy. IBM at the time said Watson could “learn” and process human language. But Watson’s high cost at the time made it a challenge for companies to use, according to Reuters reporting. Fast forward a decade, chatbot ChatGPT’s overnight success is making AI adoption at companies a focus, and IBM is looking to grab new business. This time, the lower cost of implementing the large language AI models means the chances of success are high, IBM CEO Arvind Krishna told Reuters ahead of the company’s annual Think conference.

“When something becomes 100 times cheaper, it really sets up an attraction that’s very, very different,” said Krishna.

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