At its annual Hot Chips conference, IBM (NYSE: IBM) announced its new processor, IBM Telum, designed to help detect fraud in real time and bring deep learning inference to corporate workloads. Telum is the first IBM processor that aims to speed up on-chip transactions by making inferences with the help of artificial intelligence while a
The chip developed after 3 years of development; It aims to provide customers with insights at the most appropriate scale in banking, finance, commerce, insurance applications and customer interactions, thanks to the hardware accelerator design on it. A Telum-based system is scheduled to be available in the first half of 2022.
The IBM Telum Processor, the next generation IBM Z processor chip, includes a dedicated AI accelerator intended to enable real time in-transaction inference at speed and at scale. This innovation is designed to help clients tackle challenging industry problems, such as using inference to detect fraud in real-time.