IBM has released details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time at the annual Hot Chips conference.
Telum is IBM’s first processor that contains on-chip acceleration for AI inferencing while a transaction is taking place.
Ravi Jain, Director – Server Sales, India South Asia said, “The financial services sector deals with a huge volume of transactions and mission-critical workloads on a day-to-day basis. 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.”
Three years in development, the breakthrough of this new on-chip hardware acceleration is designed to help customers achieve business insights at scale across banking, finance, trading, insurance applications and customer interactions. A Telum-based system is planned for the first half of 2022.
With Telum, the accelerator near mission-critical data and applications means that enterprises can conduct high volume inferencing for real-time sensitive transactions without invoking off-platform AI solutions, which may impact performance. Clients can also build and train AI models off-platform, deploy and infer on a Telum-enabled IBM system for analysis.
The new chip features an innovative centralized 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.
Telum follows IBM’s long heritage of innovative design and engineering that includes hardware and software co-creation and integration that spans silicon, system, firmware, operating systems and leading software frameworks.
Telum is the first IBM chip with technology created by the IBM Research AI Hardware Center. In addition, Samsung is IBM’s technology development partner for the Telum processor, developed in 7nm EUV technology node.
Telum is another example of IBM’s leadership in hardware technology. IBM Research, among the world’s largest industrial research organizations, recently announced scaling to the 2 nm node, the latest benchmark in IBM’s legacy of contributions to silicon and semiconductor innovation.