Watson Getting Smarter, Faster with IBM AlchemyAPI Buy

In a move to accelerate its development of next generation cognitive computing apps, IBM has acquired AlchemyAPI. Big Blue is betting its investment in the machine-learning systems maker will make Watson even smarter.

Watson made history as the first commercially available cognitive computing system. Delivered through the cloud, Watson works to analyze high volumes of data, understand complex questions asked in natural language, and offer evidence-based answers. Watson learns from previous interactions.

The AlchemyAPI buy will expand WatsonEUs ecosystem in a big way by opening the door to IBM's developer community to 40,000 developers who have built apps for the acquired platform. Financial terms of the deal were not disclosed.

"IBM continues to invest in WatsonEUs core technology and cloud development platform, amplifying a robust Watson ecosystem where third-party organizations are creating new businesses and solutions powered by Watson," said Mike Rhodin, senior vice president of IBM Watson. EUOur ability to draw upon both internal and external sources of innovation, from IBM Research to acquisitions like AlchemyAPI, remain central to our strategy of bringing Watson to new markets, industries and regions.EU

Watson Gets Faster

AlchemyAPI was founded in 2005 and has made a name for itself with a deep-learning platform that paves the way for clients, partners, developers and other third parties to EUbuild cognitive-infused applications with advanced data analysis capabilitiesEU like entity and keyword extraction, sentiment analysis, taxonomy categorization, and Web page cleaning. This software platform processes billions of API calls every month across 36 countries and in eight different languages.

IBM plans to integrate AlchemyAPIEUs deep-learning technology into the core Watson platform. The result: Watson will be able to identify hierarchies and understand relationships within large volume data sets even more quickly than it does today. Big Blue also expects the AlchemyAPI technology to better WatsonEUs ability to take in, train and learn the...

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