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General

IBM, MIT to create new Watson AI Lab

Thursday 7 September 2017 | 10:47 CET | News
IBM and MIT announced that IBM plans to make a 10-year, USD 240 million investment to create the MIT–IBM Watson AI Lab in partnership with MIT. In addition to IBM's plan to produce innovations that advance the frontiers of AI, the new lab's objective is also to encourage MIT faculty and students to launch companies that will focus on commercialising AI inventions and technologies that are developed at the lab. IBM's USD 240 million investment in the lab will support research by IBM and MIT scientists.

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Categories: General
Companies: IBM
Countries: World
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