Close Menu
Fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026

March 27, 2026

Over $1.5 Billion Raised in 21 FinTech Transactions This Week

March 27, 2026

SK Hynix’s Potential Blockbuster IPO in the U.S. Could Alleviate RAM Supply Shortages

March 27, 2026

Meta’s Acquisition of Moltbook Indicates a Transition to Agentic Commerce Infrastructure

March 27, 2026
Facebook X (Twitter) Instagram
Trending
  • Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026
  • Over $1.5 Billion Raised in 21 FinTech Transactions This Week
  • SK Hynix’s Potential Blockbuster IPO in the U.S. Could Alleviate RAM Supply Shortages
  • Meta’s Acquisition of Moltbook Indicates a Transition to Agentic Commerce Infrastructure
  • How Is the EU Late Payment Regulation Reshaping Supply Chain Finance for SMEs in 2026?
  • Aetherflux Set to Raise Series B Funding at a $2 Billion Valuation
  • LSEG Introduces Revamped ESG Scores for Investors
  • Renovation Credit Regulation: 5 Urgent Risks Builders Can’t Ignore
Facebook X (Twitter) Instagram Pinterest Vimeo
Fintechbits
  • News

    Over $1.5 Billion Raised in 21 FinTech Transactions This Week

    March 27, 2026

    Meta’s Acquisition of Moltbook Indicates a Transition to Agentic Commerce Infrastructure

    March 27, 2026

    LSEG Introduces Revamped ESG Scores for Investors

    March 27, 2026

    The Intersection of Digital Innovation, Financial Inclusion, and Fintech Growth in Benin

    March 27, 2026

    CurrentClient Secures $1.25 Million Seed Round for Advisor Communications Expansion

    March 27, 2026
  • AI

    Central African Republic’s Fintech Developments and Broader Digital Initiatives in 2026

    March 24, 2026

    The Fintech Ecosystem of Cabo Verde in 2026: Insights from an African Nation

    March 22, 2026

    Your Next Customer Might Not Be Human. Is Your Business Ready?

    March 3, 2026

    Why AI Quoting Will Split the Trades Industry in Two

    February 26, 2026

    How Fintech Companies Balance AI Automation With Human Expertise in Regulated Finance

    February 25, 2026
  • Acquisitions

    Regnology Expands Portfolio with Addition of Invoke to Strengthen RegTech Presence

    March 25, 2026

    FinTech Acquisition Activity Declines More Than Other Sectors in the First Half of 2023

    March 24, 2026

    LATAM FinTech Investments Decrease 31% Year-over-Year Amid Growing Investor Caution

    March 23, 2026

    UK FinTech Deal Activity Declines by 61% Amid Five-Year Low in Investment

    March 22, 2026

    European FinTech Transactions Exceeding $100 Million Rise by 2.6 Times Quarter-over-Quarter as Funding Rebounds in Q1 2025

    March 22, 2026
  • Trends

    How Is the EU Late Payment Regulation Reshaping Supply Chain Finance for SMEs in 2026?

    March 27, 2026

    Brazil Maintains Leadership in LatAm FinTech Market in Q2 Despite 77% Year-over-Year Decline in Deal Activity

    March 22, 2026

    We Asked 9 Industry Leaders: What Fintech Tool Made the Biggest Difference to Your Accounts Receivable?

    March 21, 2026

    Client Churn Data Is a Better Default Predictor Than a Balance Sheet

    March 20, 2026

    European FinTech 2025 Is Back and Means Business

    March 16, 2026
  • Insights

    Renovation Credit Regulation: 5 Urgent Risks Builders Can’t Ignore

    March 27, 2026

    UK Establishes Itself as the Leading European FinTech Hub with Six of the Top Ten Deals in 2025

    March 27, 2026

    Corporate Event Payment Terms: 5 Brutal Realities Every Vendor Faces

    March 26, 2026

    Children’s Activity Providers Are Sitting on Retention Data That Insurers Would Pay For

    March 26, 2026

    California Firms Led the US FinTech Market, Executing One-Third of All Deals in 2025

    March 25, 2026
  • Rumors

    Gilead Snaps Up Arcellx in $7.8B Most cancers Drug Deal

    March 14, 2026

    Tilly’s Inventory Pops After This autumn Earnings Shock

    March 14, 2026

    Elliott and Jana Take Recent Actions Alongside Other Speculations

    February 22, 2026

    Hank Payments (TSX) Rises to CAD 0.26 on February 18, 2026: Catalyst Analysis

    February 19, 2026

    Abivax CEO refers to Eli Lilly acquisition speculation as a diversion.

    February 8, 2026
  • Startups

    Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026

    March 27, 2026

    SK Hynix’s Potential Blockbuster IPO in the U.S. Could Alleviate RAM Supply Shortages

    March 27, 2026

    Aetherflux Set to Raise Series B Funding at a $2 Billion Valuation

    March 27, 2026

    Netflix Announces New Price Increases

    March 27, 2026

    Mastodon Enhances Usability of Its Decentralized Social Network with Recent Revamp

    March 27, 2026
  • finjobsly
Fintechbits
Home » IBM launches new AI models for businesses as genAI competition heats up
AI in Finance

IBM launches new AI models for businesses as genAI competition heats up

1 Min Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Deb069fabe71f3b8147c94e3cbc4847f.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

(Reuters) – IBM released the latest version of its enterprise-grade artificial intelligence models on Monday, seeking to capitalize on the rise of companies adopting generative AI technology.

The “Granite 3.0” models will be made open source, like other versions of IBM’s Granite family of AI models. This approach differs from competitors such as Microsoft who charge customers for access to their models.

In turn, IBM offers a paid tool called Watsonx that allows models to be run in data centers after their customization.

Some variants of the new Granite models are available starting Monday for commercial use on the Watsonx platform. A selection of these models will also be available on Nvidia’s stack of software tools allowing businesses to integrate AI models.

The new Granite models were trained using AI chip leader Nvidia’s H100 graphics processing units (GPUs), said Dario Gil, director of research at IBM.

(Reporting by Arsheeya Bajwa in Bangalore; Editing by Rashmi Aich)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Central African Republic’s Fintech Developments and Broader Digital Initiatives in 2026

March 24, 2026

The Fintech Ecosystem of Cabo Verde in 2026: Insights from an African Nation

March 22, 2026

Your Next Customer Might Not Be Human. Is Your Business Ready?

March 3, 2026
Leave A Reply Cancel Reply

Latest news

Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026

March 27, 2026

Over $1.5 Billion Raised in 21 FinTech Transactions This Week

March 27, 2026

SK Hynix’s Potential Blockbuster IPO in the U.S. Could Alleviate RAM Supply Shortages

March 27, 2026
News
  • AI in Finance (2,159)
  • Breaking News (285)
  • Corporate Acquisitions (89)
  • Industry Trends (56)
  • Jobs Market News (338)
  • Market Insights (332)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,442)
  • Technology Innovations (227)
  • uncategorized (11)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,159)
  • Breaking News (285)
  • Corporate Acquisitions (89)
  • Industry Trends (56)
  • Jobs Market News (338)
  • Market Insights (332)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,442)
  • Technology Innovations (227)
  • uncategorized (11)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.