IBM to invest half a billion dollars in AI

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US tech giant International Business Machines Corp (IBM) plans to invest half a billion dollars in artificial intelligence (AI). IBM announced on Tuesday that it will be launching a $500 million venture fund to invest in a range of AI companies from early-stage to hyper-growth startups. With a dedicated portfolio development team, the fund will provide start-ups with opportunities to develop partnerships with the company. According to IBM, the company has a long history of bringing proven enterprise AI technology and capabilities to organizations around the World. Watsonx is the company’s AI a…

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