IBM Stock Is Trading Higher On Rolling Out New Watson Abilities For Reliable AI Building - IBM (NYSE:IBM)

International Business Machines Corp 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.