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Written by: Anne Nicholson, Brand Strategy Lead IBM A/NZ

IBM + MIT = our inner geeks are dancing for joy at the news that IBM is partnering with the world renowned Massachusetts Institute of Technology (MIT). Our plans are to set up a 10-year, US $240 million investment to create the MIT–IBM Watson AI Lab in partnership with MIT.

The lab’s aim is to generate scientific breakthroughs via research that unlocks the potential of artificial intelligence (AI). The partnership will focus on:

  • Advancing AI hardware, software and algorithms related to deep learning and other areas
  • Increase AI’s impact on industries, such as health care and cybersecurity
  • Explore the economic and ethical implications of AI on society

 

“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,” says 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.”

MIT President, Dr. L Rafael Reif and IBM Senior Vice President, Cognitive Solutions and Research, Dr. John Kelly III

MIT President, Dr. L Rafael Reif (on left) and IBM Senior Vice President, Cognitive Solutions and Research, Dr. John Kelly III (on right)

“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.”

MIT and IBM have been pioneers in artificial intelligence research, and the new AI lab builds on a decades-long research relationship between the two. We can’t wait to see the art of what’s possible with this new partnership.

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