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"Why deploy functions on IBM watsonx.ai rather than IBM Code Engine?" watsonx.ai's deployed functions and IBM Code Engine functions/jobs have slightly different capabilities that should be leveraged accordingly.

Capability watsonx.ai Deployed Functions IBM Code Engine Functions
Max Hardware Specs max - 16vCPU/64GB Ram max - 1vCPU/4GB Ram
Max Timeout No Specifications of Limit 120 seconds
Max Scaling (Copies) up to 10 (must be assigned) Automated Scaling
Supported Languages Python Python & Node.js
Cost CUH pricing based on hardware spec vCPUsec + GBsec + per 1mil HTTP requests