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IBM Set to Expand Watson's Reach

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International Business Machines Corp. is creating a business unit for its Watson supercomputer and starting a $100 million venture-capital fund to spur more apps built on the technology, a bid to accelerate the promising system's slow transformation into a big business.

The venture fund is part of a more-than-$1 billion investment IBM will make into the new Watson unit, which IBM plans to grow to more than 2,000 people, from several...

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