IBM has big plans for Watson, artificial intelligence that can understand questions and gets smarter by the minute.
The company announced Thursday it's investing more than $1 billion to create the Watson Group, a 2,000-employee division that will be housed in IBM's own building in New York City's East Village. That includes $100 million Big Blue will use to fund startups that launch creative uses for Watson.
But there are already major players lined up to use Watson. IBM unveiled a partnership with DBS one of
Asia's largest banks, to have Watson analyze financial research and help deliver personalized investment advice.
