bing track

Watson: An Incubator for Startups and Innovation

IBM has long played a major role in Silicon Valley. We built a manufacturing plant there in 1943 and opened our IBM Research lab in San Jose in 1956–since then producing a string of technology breakthroughs including the first disk drive, the first data mining algorithms and essential advances in nanotechnology. We believe that creative people in startups and established companies alike will dream up great ideas that we’d never think of. To seed some of those ideas, we’ve set aside $100 million to invest in companies like Welltok, Sellpoints, Modernizing Medicine, Pathway Genomics and WayBlazer.  In addition, we’re encouraging venture capitalists to invest billions more in startups that are determined to amplify human inspiration through cognitive computing.

By: Rob High on in News