IBM (NYSE:IBM) To Invest In Watson

IBM (NYSE:IBM) has plans to invest $100 million for the extension of Watson-like Technology.

IBM (NYSE:IBM) To Invest In Watson

IBM (NYSE:IBM), has decided to invest $100 million for the expansion of its celebrated Watson-like technology machines.

Rod Smith, vice president of emerging Internet technologies at IBM (NYSE:IBM), said in an interview, “I need to harvest parts of that information to improve my products if I’m a business. The problem is, finding your product is like finding a needle in a haystack, and that’s where analytics comes in.”

IBM (NYSE:IBM) shares are currently standing at 170.16.

Price History
Last Price: 170.16
52 Week Low / High: 120.61 / 173.54
50 Day Moving Average: 165.37
6 Month Price Change %: 17.3%
12 Month Price Change %: 37.5%