City
Epaper

IBM's new processor to detect fraud in real-time

By IANS | Updated: August 24, 2021 14:45 IST

Bengaluru, Aug 24 Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed ...

Open in App

Bengaluru, Aug 24 Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time.

Telum is IBM's first processor that contains on-chip acceleration for AI inferencing while a transaction is taking place.

"The newly launched IBM Telum, Z Series chip is designed to cater to the volume, while enabling applications to run efficiently where their data resides. The chip will also allow businesses to capture insights and fight fraud in real-time," Ravi Jain, Director - Server Sales, India South Asia, said in a statement.

According to the company, the new chip design unlocks the ability to leverage deep learning inferencing on high-value transactions, designed to greatly improve the ability to intercept fraud, among other use cases.

It features an innovative centralised design, which allows clients to leverage the full power of the AI processor for AI-specific workloads, making it ideal for financial services workloads like fraud detection, loan processing, clearing and settlement of trades, anti-money laundering and risk analysis.

With these innovations, clients will be positioned to enhance existing rules-based fraud detection or use machine learning, accelerate credit approval processes, improve customer service and profitability, identify which trades or transactions may fail, and propose solutions to create a more efficient settlement process.

The chip contains 8 processor cores with a deep super-scalar out-of-order instruction pipeline, running with more than 5GHz clock frequency, optimized for the demands of heterogeneous enterprise-class workloads.

The completely redesigned cache and chip-interconnection infrastructure provides 32MB cache per core and can scale to 32 Telum chips. The dual-chip module design contains 22 billion transistors and 19 miles of wire on 17 metal layers.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ravi JainindiaasiaIBMTechIndiUk-indiaRepublic of indiaIndia indiaGia india
Open in App

Related Stories

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

Technology Realted Stories

TechnologyPSA launches landmark report on evaluation of public funded R&D institutions

TechnologyIndia on track to become Viksit Bharat under PM Modi's leadership: Academicians

TechnologyPralhad Joshi launches Green Hydrogen Certification scheme

TechnologyIndia Post joins SBI Mutual Fund to simplify on-boarding of MF investors

TechnologyIndian astrophysicists unravel Sun’s subsurface weather linked to 11-year activity cycle