IBM's Watson For Business: The $1 Billion Siri Slayer

IBM is unveiling their new Watson for Business on Thursday, a $1 billion project devoted to bringing big data to every educational institution, pharmaceutical firm, and publishing house in America--and they're offering more than $100 million in venture capital to developers.IBM is announcing the launch of a new, $1 billion Watson Business Group, $100 million in venture capital earmarks toward new Watson apps, and a shiny new Watson headquarters in New York's East Village neighborhood on Thursday. The news means that IBM has essentially made a $1 billion bet on Watson, the big data-cloud service hybrid which famously competed on Jeopardy and, more importantly, saves lives. If it succeeds, IBM will have the means to provide Watson's services to every American workplace.Read Full Story     Continue reading at 'Fast Company'

[ Fast Company | 2014-01-09 00:00:00 UTC ]
News tagged with: #$100 million #venture capital

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In a huge deal in the library and information publishing world, London-based Clarivate has agreed to acquire ProQuest, an acquisition expected to be completed later this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-17 04:00:00 UTC ]
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RBmedia Buys M-H Professional Audiobook Business

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[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
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SPCK buys Lion Hudson's publishing business

The Society for Promoting Christian Knowledge (SPCK) is acquiring the publishing business of Lion Hudson from the AFD Group to become the UK’s largest Christian publisher.    Continue reading at The Bookseller

[ The Bookseller | 2021-04-21 20:30:24 UTC ]
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Want a best-selling book or hit movie? You need this 1 key ingredient, says research

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[ Fast Company | 2021-04-09 16:21:42 UTC ]
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[ Publishing Perspectives | 2021-04-08 13:54:00 UTC ]
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US Book Industry Charitable Foundation Raises $1 Million for Bookstores

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[ Publishing Perspectives | 2021-04-01 14:26:57 UTC ]
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[ Book Riot | 2021-03-11 12:33:15 UTC ]
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