IBM has unveiled a new artificial intelligence and data platform, IBM watsonx, to enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data.

According to the firm, its AI model, was set to power next-generation AI foundation models for businesses. It stated that with its solution, it was offering an AI development studio with access to curated and trained foundation models and open-source models, and access to a data store to enable the gathering and cleansing of training and tuning data.

In a statement, the General Manager of IBM Africa Growth Markets, Julia Carvalho, noted that African organisations were already seizing AI opportunities and increasingly looking to be in multiple markets with the launch of the African Continental Free Trade Area.

Carvalho said, “A scalable and trusted AI for business platform such as IBM watsonx can play a crucial role. It can ensure that regional bodies and governments create central trade information portals and cross-border payment infrastructure to help increase trade for inclusive and sustainable development in the region.”

IBM Chairman and Chief Executive Officer, Arvind Krishna, stated that with the development of foundation models, AI for business was more powerful than ever.

Krishna added, “Foundation models make deploying AI significantly more scalable, affordable, and efficient. We built IBM watsonx for the needs of enterprises so that clients can be more than just users, they can become AI advantaged.

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