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IBM (NYSE:IBM) unveiled the latest version of its AI models called Granite 3.0. for businesses. The company said that the Granite 3.0 8B and 2B models, which were released under the permissive Apache 2.

IBM has announced the release of its Granite 3.0 open-source AI models for enterprise clients as the tech giant is looking to strengthen its market position and capitalize on the increased adoption of generative AI (GenAI) technology by businesses.

Furthering its drive to build a distinctive position in enterprise artificial intelligence, IBM Corp. today is rolling out a series of new language models and tools to ensure their responsible use. The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.

Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computing New Granite Time Series model achieved state-of-the-art performance in zero/few-shot forecasting,