(Bloomberg) -- International Business Machines Corp. is turning Watson, the technology that triumphed over human “Jeopardy!” contestants, into a separate division to help the computing-services giant return to growth.

More than $1 billion will be invested in the IBM Watson Group, including $100 million in venture funding for businesses that develop applications based on the technology. Based in New York with a staff of 2,000, the new unit will be separate from IBM’s hardware, software and services divisions, said Stephen Gold, vice president of Watson Solutions.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access