IBM “Jeopardy!” champ computing system Watson gets its own business unit, NYC HQ
Grazed from GlobalPost. Author: Editorial Staff.
One of the most famous "Jeopardy!" champs of all time is moving to Manhattan. No, it’s not Ken Jennings. IBM announced Thursday that it’s investing over $1 billion to give its Watson cloud computing system its own business division and a new home in the heart of New York City.
The Armonk, N.Y.-based computing company said the new business unit will be dedicated to the development and commercialization of the project that first gained fame by defeating a pair of "Jeopardy!" champions, including 74-time winner Jennings, in 2011. In the years since Watson’s TV appearance, IBM has been developing the computing system for more practical purposes and changed it to a cloud-based service. Its massive analytical capabilities are currently being used in industries ranging from health care to banking…


WidePoint Corporation (NYSE Mkt: WYY), a leading provider of secured, cloud-based, enterprise-wide solutions and services in mobile communications management and identity management solutions, has launched a robust, cloud based, internally developed Identity as a Service (IDaaS) capability. This service provides secure digital certificates to all types of mobile devices (e.g., smartphones, tablets, laptops, IP cameras) in order to enhance the information security assurance level of mobile transactions and access management to corporate networks, databases, and other IT assets.
Cloud infrastructure provider Peak, formerly PeakColo, announced on Thursday that it has raised $4 million in new financing to help support key partnerships and increasing demand for cloud computing services. Meritage Funds and Sweetwater Capital, both existing investors in Peak, participated in the funding round.