IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the surge in enterprises adopting generative AI technology. "Granite 3.

IBM has announced the release of its Granite 3.0 open-source AI models for enterprise clients as the tech giant is looking to strengthen its market position and capitalize on the increased adoption of generative AI (GenAI) technology by businesses.

The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization. All of these new capabilities are being bundled together in a multimodel platform for use by the company’s 160,000 consultants.

IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to capitalize on the surge in enterprises adopting generative AI technology. TakeAway Points: IBM announced on Monday the most recent iteration of its business-focused artificial intelligence models.

IBM launches its new generative AI models, "Granite 3.0," for enterprise clients. Granite 3.0 models will be open-source under the Apache 2.0 license. The models were developed using Nvidia's H100 GPUs for enhanced performance. IBM has unveiled its newest suite of generative AI models, “Granite 3.0,” aimed at enterprise clients.

IBM introduced Granite 3.0 AI models for businesses, offering high performance and safety features, expanding open-source LLM catalog. Read more here

Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computing New Granite Time Series model achieved state-of-the-art performance in zero/few-shot forecasting,