IBM is hosting its annual TechXchange Conference in Las Vegas this week, with a focus on how IT organizations can leverage the power of AI to transform their businesses. IBM recently unveiled its updated AI portfolio, watsonx, which consists of three intertwined solution stacks: watsonx.ai, which offers AI models from IBM and the Hugging Face community for various Natural Language Processing tasks; watsonx.data, which simplifies data access for non-technical users; and watsonx.ops, which provides an AI-driven operations platform. IBM is also collaborating with Meta to add Llama 2-chat 70 billion parameter model to watsonx.ai studio, and is prioritizing trust and security by allowing users to employ AI guardrails to remove harmful language.