Menu

Search

  |   Technology

Menu

  |   Technology

Search

IBM Launches Watsonx AI Platform at Seoul Tech Summit 2023; Collaboration with Hugging Face Announced

At the IBM Tech Summit Seoul 2023, IBM introduced its innovative Watsonx AI platform, designed to streamline generative AI integration for enterprises. Lee Eun-joo, IBM Korea's General Manager, emphasized delivering valuable AI solutions. Notably, a partnership with the open-source AI platform Hugging Face was revealed.

The Watsonx platform comprises three key solutions: Watson.ai, Watson.data, and Watson.governance. Watson.ai enables users to develop, execute, and deploy machine learning-based AI models, while Watson.data equips organizations with the necessary technology for AI adoption.

IBM's expertise ensures trustworthy AI services to organizations seeking to implement AI platforms correctly. Lee Eun-joo, the General Manager of IBM Korea, highlighted their focus on providing enterprise customers with comprehensive AI solutions that deliver true value.

During the conference, IBM also announced a collaboration with Hugging Face, an open-source AI platform. This collaboration will enable users to leverage open-source foundation models seamlessly on IBM's Watsonx AI platform, fostering an open ecosystem for enhanced user experience.

The Tech Summit Seoul 2023 showcased a wide range of AI foundation models that IBM and its enterprise clients developed. Additionally, IBM's esteemed Korean partner, LG CNS, was featured in the conference. LG CNS introduced CloudXper ProOps, an integrated cloud operations service, to cater to the needs of enterprise customers.

Using IBM AIOps solutions, LG CNS provided examples of how businesses can optimize cloud services and significantly reduce costs through their FinOps Clinic service.

By incorporating IBM's services, LG CNS provides optimized solutions, including the innovative FinOps Clinic service, which helps organizations minimize costs when utilizing cloud services.

IBM and LG CNS exemplify the drive to transform industries by incorporating advanced technologies. As the demand for AI grows, IBM remains at the forefront, delivering state-of-the-art AI solutions and fostering collaboration within the industry.

IBM's introduction of the Watsonx platform and its collaborations with industry partners highlight its dedication to driving AI innovation, making AI adoption more accessible, and shaping the future of technology-enabled enterprises.

Photo: Carson Masterson/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.