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IBM Introduces Granite 3.0: High Performing AI Models Built for Business

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New Granite 3.0 8B & 2B models, released under the permissive Apache 2.0 license, show strong performance across many academic and enterprise benchmarks, able to outperform or match similar-sized modelsNew Granite Guardian 3.0 models deliver IBM’s most comprehensive guardrail capabilities to advance safe and trustworthy AINew Granite 3.0 Mixture-of-Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computingNew Granite Time Series model achieved state-of-the-art performance in zero/few-shot forecasting, outperforming models 10 times largerIBM unveils next generation of Granite-powered watsonx Code Assistant for general purpose coding; Debuts new tools in watsonx.ai for building and deploying AI applications and agentsAnnounces Granite will become the default model of Consulting Advantage, an AI-powered delivery platform used by IBM’s 160,000 consultants to bring new solutions to clients faster

ARMONK, N.Y., Oct. 21, 2024 /PRNewswire/ — Today, at IBM’s (NYSE: IBM) annual TechXchange event the company announced the release of its most advanced family of AI models to date, Granite 3.0. IBM’s third-generation Granite flagship language models can outperform or match similarly sized models from leading model providers on many academic and industry benchmarks, showcasing strong performance, transparency and safety.

Consistent with the company’s commitment to open-source AI, the Granite models are released under the permissive Apache 2.0 license, making them unique in the combination of performance, flexibility and autonomy they provide to enterprise clients and the community at large.

IBM’s Granite 3.0 family includes:

General Purpose/Language: Granite 3.0 8B Instruct, Granite 3.0 2B Instruct, Granite 3.0 8B Base, Granite 3.0 2B BaseGuardrails & Safety: Granite Guardian 3.0 8B, Granite Guardian 3.0 2BMixture-of-Experts: Granite 3.0 3B-A800M Instruct, Granite 3.0 1B-A400M Instruct, Granite 3.0 3B-A800M Base, Granite 3.0 1B-A400M Base

The new Granite 3.0 8B and 2B language models are designed as ‘workhorse’ models for enterprise AI, delivering strong performance for tasks such as Retrieval Augmented Geneneration (RAG), classification, summarization, entity extraction, and tool use. These compact, versatile models are designed to be fine-tuned with enterprise data and seamlessly integrated across diverse business environments or workflows.

While many large language models (LLMs) are trained on publicly available data, a vast majority of enterprise data remains untapped. By combining a small Granite model with enterprise data, especially using the revolutionary alignment technique InstructLab – introduced by IBM and RedHat in May – IBM believes businesses can achieve task-specific performance that rivals larger models at a fraction of the cost (based on an observed range of 3x-23x less cost than large frontier models in several early proofs-of-concept1).

The Granite 3.0 release reaffirms IBM’s commitment to building transparency, safety, and trust in AI products. The Granite 3.0 technical report and responsible use guide provide a description of the datasets used to train these models, details of the filtering, cleansing, and curation steps applied, along with comprehensive results of model performance across major academic and enterprise benchmarks.

Critically, IBM provides an IP indemnity for all Granite models on watsonx.ai so enterprise clients can be more confident in merging their data with the models.

Raising the bar: Granite 3.0 benchmarks

The Granite 3.0 language models also demonstrate promising results on raw performance.

On standard academic benchmarks defined by Hugging Face’s OpenLLM Leaderboard, the Granite 3.0 8B Instruct model’s overall performance leads on average against state-of-the-art-performance of similar-sized open source models from Meta and Mistral. On IBM’s state-of-the-art AttaQ safety benchmark, the Granite 3.0 8B Instruct model leads across all measured safety dimensions compared to models from Meta and Mistral.2 

Across the core enterprise tasks of RAG, tool use, and tasks in the Cybersecurity domain, the Granite 3.0 8B Instruct model shows leading performance on average compared to similar-sized open source models from Mistral and Meta.3

The Granite 3.0 models were trained on over 12 trillion tokens on data taken from 12 different natural languages and 116 different programming languages, using a novel two-stage training method, leveraging results from several thousand experiments designed to optimize data quality, data selection, and training parameters. By the end of the year, the 3.0 8B and 2B language models are expected to include support for an extended 128K context window and multi-modal document understanding capabilities.

Demonstrating an excellent balance of performance and inference cost, IBM offers its Granite Mixture of Experts (MoE) Architecture models, Granite 3.0 1B-A400M and Granite 3.0 3B-A800M, as smaller, lightweight models that could be deployed for low latency applications as well as CPU-based deployments.  

IBM is also announcing an updated release of its pre-trained Granite Time Series models, the first versions of which were released earlier this year. These new models are trained on 3 times more data and deliver strong performance on all three major time series benchmarks, outperforming 10 times larger models from Google, Alibaba, and others. The updated models also provide greater modeling flexibility with support for external variables and rolling forecasts.4

Introducing Granite Guardian 3.0: ushering the next era of responsible AI   

As part of this release, IBM is also introducing a new family of Granite Guardian models that permit application developers to implement safety guardrails by checking user prompts and LLM responses for a variety of risks. The Granite Guardian 3.0 8B and 2B models provide the most comprehensive set of risk and harm detection capabilities available in the market today.

In addition to harm dimensions such as social bias, hate, toxicity, profanity, violence, jailbreaking and more, these models also provide a range of unique RAG-specific checks such as groundedness, context relevance, and answer relevance.  In extensive testing across 19 safety and RAG benchmarks, the Granite Guardian 3.0 8B model has higher overall accuracy on harm detection on average than all three generations of Llama Guard models from Meta. It also showed on par overall performance in hallucination detection on average with specialized hallucination detection models WeCheck and MiniCheck.5

While the Granite Guardian models are derived from the corresponding Granite language models, they can be used to implement guardrails alongside any open or proprietary AI models.

Availability of Granite 3.0 models

The entire suite of Granite 3.0 models and the updated time series models are available for download on HuggingFace under the permissive Apache 2.0 license. The instruct variants of the new Granite 3.0 8B and 2B language models and the Granite Guardian 3.0 8B and 2Bmodels are available today for commercial use on IBM’s watsonx platform. A selection of the Granite 3.0 models will also be available as NVIDIA NIM microservices and through Google Cloud’s Vertex AI Model Garden integrations with HuggingFace.

To help provide developer choice and ease of use and support local, edge deployments, a curated set of the Granite 3.0 models are also available on Ollama and Replicate.

The latest generation of Granite models expand IBM’s robust open-source catalog of powerful LLMs. IBM has collaborated with ecosystem partners like AWS, Docker, Domo, Qualcomm Technologies, Inc. via its Qualcomm® AI Hub, Salesforce, SAP, and others to integrate a variety of Granite models into these partners’ offerings or make Granite models available on their platforms, offering greater choice to enterprises across the world. 

Assistants to Agents: realizing the future for enterprise AI 

IBM is advancing enterprise AI through a spectrum of technologies – from models and assistants, to the tools needed to tune and deploy AI specifically for companies’ unique data and use-cases. IBM is also paving the way for future AI agents that can self-direct, reflect, and perform complex tasks in dynamic business environments.

IBM continues to evolve its portfolio of AI assistant technologies – from watsonx Orchestrate to help companies build their own assistants via low-code tooling and automation, to a wide set of pre-built assistants for specific tasks and domains such as customer service, human resources, sales, and marketing. Organizations around the world have used watsonx Assistant to help them build AI assistants for tasks like answering routine questions from customers or employees, modernizing their mainframes and legacy IT applications, helping students explore potential career paths, or providing digital mortgage support for home buyers. 

Today IBM also unveiled the upcoming release of the next generation of watsonx Code Assistant, powered by Granite code models, to offer general-purpose coding assistance across languages like C, C++, Go, Java, and Python, with advanced application modernization capabilities for Enterprise Java Applications.6 Granite’s code capabilities are also now accessible through a Visual Studio Code extension, IBM Granite.Code.

IBM also plans to release new tools to help developers build, customize and deploy AI more efficiently via watsonx.ai – including agentic frameworks, integrations with existing environments and low-code automations for common use-cases like RAG and agents.7

IBM is focused on developing AI agent technologies which are capable of greater autonomy, sophisticated reasoning and multi-step problem solving. The initial release of the Granite 3.0 8B model features support for key agentic capabilities, such as advanced reasoning and a highly-structured chat template and prompting style for implementing tool use workflows.  IBM also plans to introduce a new AI agent chat feature to IBM watsonx Orchestrate, which uses agentic capabilities to orchestrate AI Assistants, skills, and automations that help users increase productivity across their teams.8  IBM plans to continue building agent capabilities across its portfolio in 2025, including pre-built agents for specific domains and use-cases.

Expanded AI-powered delivery platform to supercharge IBM consultants with AI 

IBM is also announcing a major expansion of its AI-powered delivery platform, IBM Consulting Advantage. The multi-model platform contains AI agents, applications, and methods like repeatable frameworks that can empower 160,000 IBM consultants to deliver better and faster client value at a lower cost.

As part of the expansion, Granite 3.0 language models will become the default model in Consulting Advantage. Leveraging Granite’s performance and efficiency, IBM Consulting will be able to help maximize the return-on-investment for the generative AI projects of IBM clients. 

Another key part of the expansion is the introduction of IBM Consulting Advantage for Cloud Transformation and Management and IBM Consulting Advantage for Business Operations. Each includes domain-specific AI agents, applications, and methods infused with IBM’s best practices so IBM consultants can help accelerate client cloud and AI transformations in tasks, like code modernization and quality engineering, or transform and execute operations across domains, like finance, HR and procurement.

To learn more about Granite and IBM’s AI for Business strategy, visit https://www.ibm.com/granite.

1 Cost calculations are based on API cost per million tokens pricing of IBM watsonx for open models and openAI for GPT4 models (assuming blend of 80% inout, 20% output) for customer proofs-of-concept.
2 IBM Research technical paper: Granite 3.0 Language Models
3 IBM Research technical paper: Granite 3.0 Language Models
The Tiny Time Mixer: Fast Pre-Trained Models for Enhanced Zero/Few Shot Forecasting on Multivariate Time Series
5 Evaluation results published in Granite Guardian GitHub Repo
6 Planned availability for Q4 2024
7 Planned availability for Q4 2024
8 Planned availability for Q1 2025

Media Contact:
Amy Angelini
alangeli@us.ibm.com

 

SOURCE IBM

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Omoda and Google Cloud Partner to Revolutionize Online Fashion Shopping with Generative AI

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New AI-powered conversational shopping experience brings boutique personalization to the digital retail spacePersonalized style searches powered by Google Cloud’s gen AI transform online shopping into a boutique experience

AMSTERDAM and SUNNYVALE, Calif., Jan. 13, 2025 /PRNewswire/ — Omoda, a leading Dutch fashion retailer, and Google Cloud today announced a collaboration to transform Omoda’s online shopping experience with AI. Leveraging Google Cloud’s cutting-edge generative AI tools, Omoda launched ‘Omoda Stylist’, a conversational AI agent and ‘Discover the Look’, a feature that reimagines online fashion browsing by helping customers find entire outfits rather than individual items. This approach aims to make fashion exploration more inspiring by enabling shoppers to visualize different styling options.

Omoda believes that showcasing complete outfits sparks creativity and inspires customers to see how individual pieces can work in a variety of looks. With the help of Google Cloud’s Vertex AI platform, and using Gemini models, multimodal embeddings, and Vector Search, Omoda has created a shopping experience similar to having a personal stylist at hand. By using natural language search, customers can effortlessly describe their ideal outfit—such as “a bohemian wedding look” or “smart casual workwear”—and receive curated suggestions that reflect their preferences, body type, and favorite brands. This holistic approach not only improves discoverability but also provides richer insights into styling, fit, and occasions.

“With this collaboration, we’re taking a major step toward fulfilling our vision of bringing the warmth and personalization of boutique shopping to the online world,” said Ewoud Friedlink, CTO, Omoda. “Google Cloud’s generative AI tools are helping us go beyond transactions to inspire our customers, making online shopping an engaging and highly personalized experience. By the end of 2024, we anticipate that 90% of product content—such as descriptions and recommendations—will be AI-generated.”

Innovation driving conversion and loyalty
Omoda’s newly launched conversational AI feature is just the first phase of a broader vision to create a fully immersive and personalized fashion shopping experience. Results from recent tests demonstrate the significant impact generative AI can have on customer engagement:

Higher conversion rates: Customers who engage with the ‘Discover the Look’ feature convert at a rate 2.5 times higher than those who don’t.Enhanced customer inspiration: The new feature, supported by Google Cloud, provides customers with intuitive, natural language searches to deliver personalized outfit recommendations.Intelligent brand matching: Recommendations include items from favorite or complementary brands, ensuring a tailored shopping experience that aligns with customers’ brand preferences.

“By combining Google Cloud’s generative AI with Omoda’s structured data and deep retail expertise, we’re enabling the next era of personalized retail,” said Joost Smit, Head of Benelux, Google Cloud. “This partnership exemplifies how AI can enhance consumer experiences while driving tangible business outcomes for retailers. We’re thrilled to support them on their journey, driving longer-term customer loyalty while bridging the gap between convenience, sustainability, and personalization.”

At the heart of Omoda’s transformation is its robust data infrastructure, powered by Google Cloud’s BigQuery and Looker Studio. These tools ensure structured, real-time data availability, enabling AI-driven recommendations and insights. While the conversational search feature is already live, Omoda is working on next steps, including avatar-based outfit visualization and wardrobe integration.

About Google Cloud
Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated, and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models, and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

About Omoda
Omoda, established in 1875, is the inspiring fashion retailer of the Netherlands. Combining a personalized boutique experience with the convenience of a large retailer, Omoda is the ultimate destination for fashion enthusiasts. With 33 physical stores, the Omoda app, and online shops in the Netherlands, Belgium, and Germany, there is always a store nearby for customers. Since August 2021, Omoda has evolved into a full-fledged fashion retailer, offering not just shoes, bags, and accessories but also clothing for men, women, and children. Omoda, the fashion store that loves you back.

 

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SOURCE Google Cloud

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BankShift Files International Patents to Revolutionize Embedded Banking Technology

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PORTLAND, Ore., Jan. 13, 2025 /PRNewswire/ — ShiftCents, Inc., also known as BankShift, an emerging leader in embedded banking innovation, is proud to announce the submission of an international patent application for its revolutionary Brand On Banking technology. This milestone builds on the company’s success in securing non-provisional patent-pending status in the United States in early 2024, further underscoring BankShift’s commitment to protecting its intellectual property on a global scale while addressing the growing demand for embedded banking solutions that enable financial institutions and brands to deepen consumer engagement and foster loyalty.

 

BankShift empowers financial institutions to white-label their consumer banking products for brands, driving new engagement, value, and loyalty. By leveraging this proprietary solution, financial institutions can distribute banking products within traditionally non-financial experiences, delivering modernized customer experiences while maintaining regulatory compliance.

The market for embedded banking is primed for transformation, representing a $1.5 trillion global fintech opportunity. Traditional financial institutions and brands are actively seeking solutions to seamlessly integrate banking services into their consumer ecosystems, creating deeper relationships and actionable data insights. BankShift is uniquely positioned to meet this need, offering a full-stack, turnkey solution that stands apart from conventional banking-as-a-service providers by enabling direct customer experience management while ensuring regulatory fidelity.

“We’re excited to take this next step in securing our innovation internationally,” said Rob Thacher, Founder and CEO of BankShift. “Our technology, already patent-pending in the United States, positions financial institutions and brands to build stronger, more personalized consumer relationships while driving significant growth together. This international patent filing reinforces our mission to modernize embedded banking and protect the value we bring to our partners.”

BankShift’s Market Impact

Problem: Brands seek to stand out and deepen their connection with consumers by building financial relationships that provide valuable data and insights, ultimately driving sales and retention. However, financial institutions often lack the modern infrastructure and expertise needed to enable embedded banking.Solution: BankShift is a turnkey solution for financial institutions to distribute banking products within traditionally non-financial experiences, maintaining regulatory fidelity while enabling third parties to grow their business and enhance customer experiences to foster loyalty.

BankShift invites financial institutions and popular brands to explore the possibilities unlocked by its embedded banking technology. Consult with them today to learn more about how BankShift can revolutionize your embedded banking offering and elevate your brand presence.

About BankShift:

BankShift is an embedded banking platform built on a banking-as-a-platform model, designed by experts in digital-first innovation. Featuring patent-pending technology, BankShift enables financial institutions to seamlessly integrate banking products into traditionally non-financial experiences. The platform empowers financial institutions and third-party brands to unlock new revenue streams, maintain regulatory compliance, and foster authentic customer loyalty. By redefining the way financial services blend with brand experiences, BankShift creates lasting connections that enhance consumer engagement and elevate everyday financial interactions.

For media inquiries, please contact:
Bernice Gardner
Public Relations
BankShift
bernice@bankshift.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bankshift-files-international-patents-to-revolutionize-embedded-banking-technology-302348484.html

SOURCE ShiftCents, Inc.

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Vantage Markets Extends Deposit Bonus to Copy Trading Accounts

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PORT VILA, Vanuatu, Jan. 13, 2025 /PRNewswire/ — Vantage Markets, a leader in online trading solutions, has expanded its popular Deposit Bonus promotion to include Copy Trading Accounts, enhancing opportunities for Signal Providers and Copiers to boost their trading potential. With a thriving community of over 69,000 copy traders as of December 2024, this initiative underscores Vantage’s dedication to empowering traders globally.

The Deposit Bonus rewards new and existing users with additional credit on their first and subsequent deposits. Upon deposit, users in selected countries may be awarded complimentary credits, the maximum amount varies regionally, ranging from $5,000 to $20,000.

This initiative allows traders, both Signal Provider and Copies, to:

Ability to select and copy strategies from our diverse range of traders with a wide array of products in their portfolio.Access greater market exposure with enhanced capital via additional credits on the first and subsequent deposits.Develop trading skills through increased market participation.Unlock opportunities for higher potential profits.

Getting started with the Deposit Bonus is simple:

Open a Copy Trading Account: Available for both Signal Providers and Copiers.Make Your First Deposit: Receive up to $500 in complimentary bonus credits (base currency).Make Subsequent Deposits: Enjoy a bonus on additional deposits, capped based on your region.

Austin Law, Vantage Markets Copy Trading Project Manager, shared, “The growth in our Copy Traders is a testament to the strength of our app offerings. We are excited to give users even greater potential to trade their favorite products. This enhancement underscores our commitment to fostering a vibrant and rewarding trading community.”

The program will be a permanent feature in Vantage Markets’ expanding suite of benefits, providing both seasoned and beginner traders with the tools they need to succeed.

For Beginner Traders: Ultra-low barriers to entry, advanced copy modes, and access to a thriving community of over 86,000 traders.For Seasoned Traders: Profit-sharing options up to 50%, strategy flexibility, and seamless MT4/MT5 integration.

Start Your Copy Trading Journey Today

Download the Vantage Markets app now and unlock a world of robust trading features and benefits.

For more information, visit Vantage Markets Copy Trading.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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