“The sale came after IBM spent billions of dollars acquiring health information companies to build a new enterprise aimed at using AI to supply insights to hospitals, pharmaceutical companies and researchers.”
Watson was going to cure cancer. Now its data assets go to a private equity firm for an undisclosed price, and the division never turned a profit. IBM bought Truven, Merge, Explorys and Phytel and could not make them work together. A Jeopardy win was the best marketing IBM ever did, and the medicine never caught up to it.