Stephen Pratt, Ex-IBMer, launches AI firm for Enterprises


Stephen Pratt surprised many when he left IBM after working on its vaunted Watson artificial intelligence technology in February, after just eight months on the job.

It turns out that Mr. Pratt has set his sights on starting up his own A.I. business.

Mr. Pratt and the investment firm TPG Growth plan to announce on Monday that they have formed, which aims to bring a combination of artificial intelligence and data analysis to corporate customers.

It is a field that has grown exceptionally popular in recent years, spurred on in part by the visibility of IBM’s Watson, which famously defeated human “Jeopardy” champions like Ken Jennings. Now, a range of companies like IBM and start-ups believe that A.I. can help companies make sense of their vast amounts of data much more quickly.

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