Oct 21 (Reuters) - IBM ( IBM ) released the latest

version of its artificial intelligence models catered towards

businesses on Monday, looking to capitalize on the surge in

enterprises adopting generative AI technology.

"Granite 3.0" models will be made open-source, similar to

other versions in IBM's ( IBM ) Granite family of AI models. This

approach differs from rivals such as Microsoft ( MSFT ) that

charge customers for access to their models.

In turn, IBM ( IBM ) offers a paid tool called Watsonx that helps

run models inside data centers after they have been customized.

Some variants of the new Granite models are available

starting Monday for commercial use on the Watsonx platform. A

selection of these models will also be available on Nvidia's ( NVDA )

stack of software tools that enable businesses to

incorporate AI models.

The new Granite models were trained using AI chip leader

Nvidia's ( NVDA ) H100 graphics processor units (GPUs), said Dario Gil,

IBM's ( IBM ) director of research.