If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Through the new Centre, GE and IIT Madras will create the Digital Twin of a smelter, a living digital model that will continuously generate new data and insights about the smelter that allows operators to run the smelters more efficiently. "A mere one percent increase in productivity through the application of Industrial Internet solutions can contribute to a 20 percent potential increase in performance for its customers," Azeez Mohammed, president & CEO, GE Power Services, Middle East & Africa. Researchers and students will work closely with the GE Global Research, GE Power Services Engineering and GE Digital teams at GE's John F. Welch Technology Centre in Bengaluru. These solutions will be developed using GE's Predix Industrial Internet operating system and Predix APM (Asset Performance Management), which optimises machines and operations to maximise business performance through three core capabilities - Machine and Equipment Health, Reliability Management, and Maintenance Optimisation.
Watson represents a larger focus at IBM that integrates machine learning and data analytics technologies to bring cognitive computing capabilities to its customers. He is an IBM Fellow, Vice President Europe and Director IBM Research – Zurich Research Laboratory, Switzerland. In January 2014, IBM launched the IBM Watson business unit, investing 1B dedicated to developing and commercializing cloud-delivered cognitive computing technologies. In addition to the Watson business unit, in September 2015 we announced Watson Health, dedicated to improving the ability of doctors, researchers and insurers to surface new insights from the massive amount of personal health data being created and provide turnkey solutions to deliver personalized healthcare.