(VMware Solutions News) – On Tuesday, IBM aimed to boost its share in the competitive artificial intelligence market by highlighting tools designed to assist clients in overseeing multiple AI systems for critical business operations.
During an interview, CEO Arvind Krishna mentioned spotting an opportunity to offer software that merges clients’ artificial intelligence agents from various suppliers—including Salesforce, Workday, and Adobe—and assists them in developing their own agents for unexplored applications, with IBM’s support.
“He stated before IBM’s upcoming annual Think conference sessions on Tuesday, ‘We assist our clients with integration. Our aim is to connect with them at their current level,'” he remarked.
IBM’s tools enable clients to develop their own virtual assistants within approximately five minutes, according to Krishna. These tools leverage IBM’s Granite line of artificial intelligence models along with options provided by Meta Platforms and Mistral.
Krishna mentioned that customer interest in utilizing various AI models for specific tasks could boost demand for IBM. The company recently announced they have amassed a “$6 billion book of business” related to ChatGPT-like generative AI just last month. Compared to giants like Amazon Web Services and Microsoft, IBM positions itself as a smaller cloud provider but tailors its technology towards clients seeking access to multiple clouds or control over managing their own infrastructures.
“He stated that all these features will merely speed up the growth rate of those figures,” referring to IBM’s latest tools.
In April, IBM declared an investment of $150 billion in the U.S. over the coming half-decade. This commitment comes from a company with a history spanning more than six decades of producing mainframe computers in America. Additionally, Krishna mentioned that they plan to manufacture quantum computers within the country too.
He stated, ‘Given the growth potential of mainframes, artificial intelligence, and quantum computing, we see a robust market developing, which encourages us to invest and commit further resources.’
Krishna mentioned that the emphasis on technological advancement along with the decrease in regulatory measures under President Donald Trump’s administration would position the economy well for expansion.
(Reported by Jeffrey Dastin from San Francisco; Edited by Cynthia Osterman)