IBM z16’s processing capability is claimed to be 300 billion inference requests per day with latency of a millisecond

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IBM has unveiled a new mainframe called IBM z16. (Credit: IBM)

IBM has introduced IBM z16, a next-generation system that features an integrated on-chip artificial intelligence (AI) accelerator, designed to deliver latency-optimised inferencing.

According to the company, the mainframe will enable clients in analysing transactions in real time at scale, for mission-critical workloads like healthcare, credit card, and financial transactions.

IBM z16 is also designed specifically to help safeguard against threats in the near-future that could be used for cracking the currently available encryption technologies, said IBM. The new mainframe will be generally available on 31 May 2022, said IBM.

IBM Systems SVP Ric Lewis said: “IBM is the gold standard for highly secured transaction processing. Now with IBM z16 innovations, our clients can increase decision velocity with inferencing right where their mission critical data lives.

“This opens up tremendous opportunities to change the game in their respective industries so they will be positioned to deliver better customer experiences and more powerful business outcomes.”

IBM z16 is said to bring together AI inferencing, through its IBM Telum Processor, with the company’s high-volume transaction processing capabilities.

The company claimed that the new mainframe can help banks analyse for fraud on a massive scale during transactions. IBM z16’s processing capability is claimed by the company to be 300 billion inference requests per day with latency of one millisecond.

IBM said that with the new mainframe, consumers can cut down the time and energy needed for handling fraudulent transactions on their credit card.

For merchants as well as card issuers, this could result in a decrease in revenue loss as consumers can avoid frustration coming from false declines where they could turn to other cards for future transactions, said the company.

IBM stated that as a quantum-safe system, IBM z16 is supported by lattice-based cryptography, which is an approach for constructing security primitives that help data and systems to be protected against prevailing and future threats.