GE acquires two tech startups, seeks to rival IBM’s Watson.

Q.  GE aims to start AI capabilities to compete with which company?
- Published on 16 Nov 16

a. IBM
b. HCL
c. Apple
d. None of the above

ANSWER: IBM
 
GE acquires two tech startups, seeks to rival IBM’s Watson.General Electric on 15th Nov 2016 acquired two tech startups to build the AI capability to compete with IBM’s Watson product
  • Acquisitions of Bit Stew Systems and Wise.io will expand its Predix platform for industrial internet applications, which connects big machines such as power plants and aircraft engines to databases and analytical software.
  • Terms of the deals weren't publicly disclosed.
  • Wise.io is based in Berkeley California and has advanced machine learning technology
  • AI has a branch called machine learning which allows computers to adapt to new data without fresh programming
  • Bit Stew is a Vancouver based Canadian firm backed by GE’s venture capital arm
  • It applies machine learning to large data sets associated with utilities, aviation, oil and gas production and manufacturing, according to the company's web site.
  • IBM’s Watson is among the better known AI systems which enables computers to perform intelligent actions such as recognising voices and making decisions

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