Business

IBM’s Watson supercomputer gets its own business

Michael Rhodin is the new head of the IBM Watson Group, which is dedicated to supercomputing.
Michael Rhodin is the new head of the IBM Watson Group, which is dedicated to supercomputing. Brendan McDermid/Reuters

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One of the most famous ‘‘Jeopardy!’’ champs of all time is moving to Manhattan.

No, it’s not Ken Jennings.

IBM announced Thursday that it’s investing over $1 billion to give its Watson supercomputer its own business division and a new home in the heart of New York City.

The Armonk, N.Y.-based computing company said the new business unit will be dedicated to the development and commercialization of the project that first gained fame by defeating a pair of ‘‘Jeopardy!’’ champions, including 74-time winner Jennings, in 2011.

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