MIT, IBM set up a joint research lab for Artificial Intelligence

MIT-IBM Watson AI Lab to work on advancing hardware, software and algorithms for artificial intelligence.

By: ASSOCIATED PRESS
| Updated on: Sep 07 2017, 11:21 IST
AI gets a big push from MIT and IBM
AI gets a big push from MIT and IBM (MIT)

Massachusetts Institute of Technology (MIT) and IBM on Thursday announced a new joint collaboration for research in the field of Artificial Intelligence (AI). The new MIT-IBM Watson AI Lab will support joint research by IBM and MIT scientists. IBM is planning to spend $240 million over the next decade to create the artificial intelligence research lab at MIT.

Its mission will include advancing the hardware, software and algorithms used for artificial intelligence. It also will tackle some of the economic and ethical implications of intelligent machines and look at its commercial application for industries ranging from health care to cybersecurity.

You may be interested in

MobilesTablets Laptops
23% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Vivo X100 Pro 5G
  • Asteroid Black
  • 16 GB RAM
  • 512 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

MIT President L. Rafael Reif says the new AI lab builds on a decade long research relationship between IBM and MIT. It will be based at the university and IBM's nearby research center in Cambridge, Massachusetts.

Also read
Looking for a smartphone? To check mobile finder click here.

'The field of artificial intelligence has experienced incredible growth and progress over the past decade. Yet today's AI systems, as remarkable as they are, will require new innovations to tackle increasingly difficult real-world problems to improve our work and lives,' said Dr. John Kelly III, IBM senior vice president, Cognitive Solutions and Research. 'The extremely broad and deep technical capabilities and talent at MIT and IBM are unmatched, and will lead the field of AI for at least the next decade.'

'I am delighted by this new collaboration,' says MIT President L. Rafael Reif. 'True breakthroughs are often the result of fresh thinking inspired by new kinds of research teams. The combined MIT and IBM talent dedicated to this new effort will bring formidable power to a field with staggering potential to advance knowledge and help solve important challenges.'

BONUS VIDEO

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 07 Sep, 11:02 IST
NEXT ARTICLE BEGINS