IBM CEO, Arvind Krishna, was interviewed by CNBC regarding our market position on AI.

IBM is angling hard for an AI comeback story, and CEO Arvind Krishna is counting on a recent pivot to get it there. 

Since May, the company has reintroduced the Watson brand as part of the company’s larger strategy shift to monetize its AI products for businesses. WatsonX is a development studio for companies to “train, tune and deploy” machine learning models. Krishna says the product has already amounted to “low hundreds of millions of dollars” in bookings in the third quarter, and could be on track for a billion dollars in bookings per year.

Read the full interview here.