IBM Watson is an advanced artificial intelligence system developed by IBM. It is designed to analyze large amounts of data, understand natural language, and provide insights across various fields, including healthcare, finance, and customer service. Watson gained fame for its ability to compete on the quiz show Jeopardy!, where it successfully answered questions posed in natural language. Watson uses machine learning and natural language processing to improve its performance over time. Organizations utilize Watson to enhance decision-making, automate processes, and deliver personalized experiences. Its applications range from diagnosing diseases to optimizing business operations, showcasing the potential of AI in solving complex problems.