10 AI News Taking Wall Street by Storm

4. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 56

International Business Machines Corporation (NYSE:IBM) is a multinational technology company and a pioneer in artificial intelligence, offering AI consulting services and a suite of AI software products. On December 3, IBM announced a global collaboration with the recognized defense intelligence company Janes to bridge the gap within defense organizations that exists due to a lack of trust in AI systems and their outputs. The collaboration integrates open-source defense and security intelligence data into IBM’s Watsonx, a trusted AI and data platform. Defense leaders will be able to access high-quality data combined with trusted AI, improving their decision-making abilities.

This will be done by integrating IBM Watsonx AI and data platform, utilizing an IBM Granite model with a Retrieval-Augmented Generation (RAG) pattern with Janes data. In turn, the RAG pattern will allow operational decision support, and assistance in military and intelligence analysts by generating comprehensive, data-augmented reports for situational analysis and decision-making. Moreover, AI-assisted scenario modeling and retrieval-augmented data analysis will allow more informed mission planning.