13-Oct-2021 | Market Research Store
Tech giant IBM has recently unveiled about developing anovel processor, known as Telum, which would be incorporated with the superior IBM-Z system. The newly designed processor will support self-learning implications, and the relevant software can track fraudulent activities in real-time.IBM illustrated the working concept of the program through an example of credit card transactions. According to the manufacturer, this software can warn people about fraudulent transactions before as the completion of any online fraud and money laundering. Federal Trade Commission (FTC) has revealed that in the year 2020,around4.7 Million reports related to fraud were filed. Intending to offer a secure platform against increasing fraud, IBM has come up with the concept of Telum chips.
The physical appearance of the IBM-derived Telum chip would be similar to the latest processors released by AMD and Intel. This exclusive chip can analyze the potential threat while conducting transactions to some anonymous accounts. Multithreading 8 Core processor running at the speed of 5GHz connects the private cache by offering a total of 256 MB cache check. This software copes up with the high-performance computer by installing a Telum chip that would help in detecting massive scams. This processor will be based on 7nm ultraviolet process technology that significantly enhances the performance of AI.
Another example related to terrorist attacks was illustrated by IBM, in which it explained the working principle of the processor. According to the chip manufacturer, the software can effectively predict the attacks in a particular area that is suffering from sabotage of money laundering and online fraud. Most of the industries are using an accelerator to boost the inference between the CPU cores so that the accelerator can provide lowlatency and can share cache directly with the accelerator.
According to the reports, the first-ever scam detector installed with the exclusive Telum chip will be launched in the year 2022 and this technology will be considered as the new era of computing.
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