- International Business Machines Corp (NYSE: IBM) announced new abilities for IBM Watson aimed to help businesses build reliable AI (artificial intelligence).
- The capabilities extended Watson tools intended to help enterprises govern and clarify AI-led decisions, raise insight accuracy, alleviate risks, and accomplish their privacy and compliance requirements.
- IBM OpenPages with Watson included a new Data Privacy Management module to help businesses meet evolving data privacy challenges.
- IBM Planning Analytics with Watson will consist of a new statistical details page to provide transparent and simplified facts about the generation of forecasting prediction.
- IBM Watson Studio included a new federated learning capability as a tech preview to help businesses apply machine learning techniques.
- IBM Watson Studio included Time Series capabilities in beta to tackle the challenges of automating, analyzing, and forecasting time series data commonly observed in finance, manufacturing, and retail industries.
- Price action: IBM shares traded higher by 2.8% at $142.02 on the last check Wednesday.
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