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IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC | TechCrunch

Jun 02, 2025 - techcrunch.com
IBM has acquired Seek AI, an AI platform that enables users to query enterprise data using natural language, for an undisclosed amount. Seek AI, founded in 2021 by Sarah Nagy, offers tools that allow businesses to interact with data through a chatbot-like interface, translating natural language questions into database queries and performing data analysis. The acquisition will integrate Seek's technology into IBM's Watsonx AI Labs, a new AI accelerator based in New York City. This move aligns with IBM's strategy to expand its AI investments, particularly in enterprise AI, which has contributed to its recent earnings success.

Watsonx AI Labs aims to foster AI innovation by providing a collaborative environment for IBM researchers, engineers, and startups. The lab will also seek partnerships with local colleges and research institutions. Startups that succeed in launching products at the accelerator will gain access to IBM resources and potential investment from IBM Ventures. The acquisition and the establishment of Watsonx AI Labs underscore IBM's commitment to leveraging New York City's diverse talent pool and vibrant tech community to drive advancements in AI.

Key takeaways:

  • IBM has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum.
  • Seek AI's technology will be integrated into Watsonx AI Labs, IBM's new NYC-based AI accelerator, to scale the platform and deploy solutions for IBM clients.
  • Seek AI, founded in 2021, offers tools for businesses to leverage data through a chatbot-like interface, translating natural language questions into database queries.
  • Watsonx AI Labs aims to be a collaborative hub for AI solutions, with potential collaborations with local colleges and access to IBM resources and investment opportunities.
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