Latest news with #RitikaGunnar
Yahoo
3 days ago
- Business
- Yahoo
IBM Unveils watsonx AI Labs: The Ultimate Accelerator for AI Builders, Startups and Enterprises in New York City
New AI initiative will co-create gen AI solutions with IBM clients, nurture NYC talent, advance enterprise AI implementations NEW YORK, June 2, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today announced watsonx AI Labs, a new, developer-first innovation hub in New York City, designed to supercharge AI builders and accelerate AI adoption at scale. watsonx AI Labs connects IBM's enterprise resources and expertise with the next generation of AI developers in order to build breakthrough AI applications for business. Located in the heart of Manhattan at IBM's new offices at One Madison, watsonx AI Labs extends IBM's global network of engineering labs, bringing together IBM researchers and engineers in a collaborative hub dedicated to co-creating and advancing meaningful, agentic AI solutions. The lab will work side-by-side with startups, scale-ups, and the world's largest enterprises to help clients unlock real-world value from their AI. The lab benefits from – and helps fuel – New York City's status as a global AI hub. New York City has more than 2,000 AI startups, and its AI workforce grew by nearly 25% from 2022 to 2023, according to Tech:NYC. Since 2019, more than 1,000 AI-related companies in New York City have raised $27 billion in funding. Also today, continuing its commitment to the local startup ecosystem, IBM announced it will acquire expertise and license technology from Seek AI, the New York City-based startup building AI agents to harness enterprise data. Seek AI helps businesses leverage agentic AI to mine value from enterprise data, and their expertise will serve as a foundational part of watsonx AI Labs. "This isn't your typical corporate lab. watsonx AI Labs is where the best AI developers gain access to world-class engineers and resources and build new businesses and applications that will reshape AI for the enterprise," said Ritika Gunnar, General Manager, Data & AI, IBM. "By anchoring this mission in New York City, we are investing in a diverse, world‑class talent pool and a vibrant community whose innovations have long shaped the tech landscape." "IBM's launch of watsonx AI Labs signals a transformative investment in New York's innovation ecosystem. By bringing together world-class engineering talent, emerging startups, and deep enterprise expertise right here in the heart of the city, this initiative strengthens New York's position as a global hub for responsible and cutting-edge AI development," said Julie Samuels, President and CEO of Tech:NYC. "It's a win for our tech sector, communities, workforce, and economy. We're thrilled to see IBM betting big on the extraordinary talent and entrepreneurial spirit that make this city so unique." The lab seeks to tap into New York City's rich technology landscape by attracting local talent, pursuing collaborations with local universities and research institutions, and supporting local entrepreneurs. Consistent with IBM's long-standing investment in New York State, over the next five years, local startups that successfully launch AI enterprise solutions at the lab will have access to technical experts, mentorship and amplification, as well as potential investment from IBM Ventures and its global $500M Enterprise AI Venture Fund. "Building a foundational part of watsonx AI Labs allows us to pair our expertise building data agents with IBM's engineering depth to solve clients' toughest AI challenges," said Sarah Nagy, CEO of Seek AI. "We're excited to tackle these challenges here in New York City, where Seek AI was founded and the AI talent and innovation ecosystem is thriving." watsonx AI Labs will focus on co-creation of domain‑specific AI solutions to solve enterprises' most complex challenges – from customer service and supply‑chain optimization to cybersecurity, responsible AI governance, and open-source AI. To learn more about participating in the watsonx AI Labs, visit About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit for more information. Media contact: Kevin ZawackiIBM Software View original content to download multimedia: SOURCE IBM Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-04-2025
- Business
- Business Wire
Credo AI, IBM Collaborate to Advance AI Compliance for Global Enterprises
SAN FRANCISCO--(BUSINESS WIRE)-- Credo AI, a global pioneer of the AI governance category and a leading provider of trustworthy AI governance software, today announced a strategic collaboration with IBM to help global enterprises operationalize AI regulatory compliance management at scale. The OEM agreement integrates Credo AI's Policy Packs as an add-on for IBM customers–branded by IBM as Compliance Accelerators in the IBM Marketplace. As enterprises scale AI adoption, they often struggle to keep pace with rapidly evolving AI regulatory risks and compliance requirements. Without policy tracking, organizations face stalled innovation, compliance risk exposure, and fragmented AI governance. Credo AI's Policy Packs deliver actionable intelligence aligned to global regulations, frameworks, and standards such as the EU AI Act, ISO/IEC 42001, and the NIST AI Risk Management Framework. This agreement enables IBM customers to add Credo AI's ready-to-deploy policy intelligence directly into their existing environment through the Compliance Accelerators integration. Credo AI is already trusted by Fortune 500s including Mastercard and Cisco, and has been named to Fast Company's Most Innovative Companies, CB Insights AI 100 most innovative AI startups, and the World Economic Forum's Technology Pioneers. This integration brings further governance depth and regulatory fidelity to IBM's end-to-end toolkit to help organizations manage risk, compliance, and the entire AI lifecycle. 'Credo AI is proud that our Policy Packs have been chosen by IBM to help power their Compliance Accelerators,' said Credo AI CEO Navrina Singh. 'We are on a mission to elevate the global standard for AI governance across all industries and enterprises. This integration is a win-win-win for Credo AI, IBM, and enterprises ready to advance global excellence in AI.' 'In the enterprise, moving from AI experimentation to AI production at scale hinges on governance,' said Ritika Gunnar, General Manager, Data & AI, IBM. 'Organizations that invest in AI governance accelerate innovation while mitigating steep risks; organizations that do not invest hamper innovation and invite compliance failures. IBM and Credo AI's collaboration provides deep, intuitive AI governance capabilities, setting organizations up for responsible AI innovation at scale.' The Compliance Accelerators add-on provides IBM customers direct access to Credo AI's Policy Packs—a specialized governance capability focused on regulatory compliance. Benefits of the Compliance Accelerators Add-on The Credo AI add-on in the IBM Compliance Accelerators provides IBM customers with the capacity to better streamline regulatory compliance processes. The benefits of Credo AI's add-on include: Access to Global AI Guidelines: Activation of Credo AI's curated Policy Packs aligned with global regulations, frameworks, and standards. Embedded Risk Management: Direct integration into IBM workflows to simplify AI risk assessment and compliance. Enterprise-Ready Deployment, Out of the Box: Deployment via IBM Marketplace, allows rapid adoption within existing workflows. Introduction to Credo AI Governance Capabilities: Provides firsthand experience with Credo AI's policy intelligence, paving a clear path toward deeper AI governance maturity. IBM customers to learn more about the Compliance Accelerators add-on powered by Credo AI's Policy Packs, visit IBM's Media Center. To explore Credo AI's comprehensive AI governance platform and advisory services, trusted by the world's most iconic brands, visit Credo AI. Credo AI is the category pioneer and global leader in AI governance, trusted by the world's most iconic brands to turn governance into a strategic advantage across the enterprise. Our AI Governance Platform and AI Governance Advisory Services empower your enterprise to adopt and scale trusted AI with confidence. From Generative AI to Agentic AI, Credo AI's centralized platform measures, monitors, and manages AI risk—enabling your organization to maximize AI's value while mitigating security, privacy, compliance, and operational challenges. Credo AI also future-proofs your AI investments by aligning with global regulations, industry standards, and company values. Recognized as Fast Company's Most Innovative Companies, CB Insights AI 100, Inc. Best Workplaces, and the World Economic Forum Technology Pionee r, Credo AI is leading the charge in accelerating the adoption of trusted AI.
TECHx
01-03-2025
- Business
- TECHx
Qualcomm and IBM Expand AI Collaboration for Edge and Cloud - TECHx Media Qualcomm and IBM Expand AI Collaboration for Edge and Cloud
Qualcomm and IBM Expand AI Collaboration for Edge and Cloud Ahead of Mobile World Congress (MWC) 2025, Qualcomm Technologies, Inc. and IBM (NYSE: IBM) have announced an expanded collaboration to drive enterprise-grade generative AI solutions across edge and cloud devices. This partnership focuses on enhancing AI immediacy, privacy, reliability, personalization, and energy efficiency while reducing costs for businesses deploying AI-powered applications. By integrating IBM's for generative AI solutions with Qualcomm's AI platforms, the collaboration will support IBM's Granite models through the Qualcomm® AI Inference Suite and Qualcomm® AI Hub. This initiative enables businesses to deploy AI solutions with robust governance, monitoring, and decision-making capabilities, ensuring secure and efficient AI operations across edge and cloud environments. Durga Malladi, Senior Vice President and General Manager, Technology Planning and Edge Solutions at Qualcomm Technologies, Inc., emphasized the significance of the partnership, stating that it allows businesses to leverage AI solutions that are fast, personalized, and supported by strong governance frameworks. Ritika Gunnar, General Manager, Data and AI at IBM, highlighted the benefits of optimizing IBM's and Granite models for Snapdragon and Qualcomm Dragonwing platforms, enabling businesses to harness the power of AI regardless of data location. Building on their CES announcement, Qualcomm and IBM will integrate IBM's Granite Guardian 8B and Granite 3.1 8B models on Snapdragon® 8 Elite reference design and the Qualcomm Dragonwing™ AI On-Prem Appliance Solution. These models provide end-to-end generative AI solutions at the edge, offering built-in guardrails for AI deployment, monitoring, and decision-making. Combining on-device inferencing, low power consumption, and privacy features with IBM's watsonx performance, this collaboration enhances AI security, efficiency, reliability, and governance. Qualcomm Technologies has optimized IBM Granite 3.1, IBM's third-generation flagship language model, for the Qualcomm AI Hub to help developers and businesses leverage AI at the edge. Additionally, the Qualcomm AI Hub and IBM watsonx collaboration will introduce governance and responsibility guardrails for on-device models through capabilities. Qualcomm's Cloud AI accelerators are now certified for Red Hat OpenShift, enabling large-scale deployment of IBM's AI software suite, including watsonx, on Qualcomm Cloud AI hardware. For more details on Qualcomm and IBM's AI innovations, visit Qualcomm Technologies' booth at MWC Barcelona (Booth #3E10, Hall 3, Fira Gran Via) or explore the Qualcomm Developer Blog.
