IBM plans $2 billion expansion in New York for artificial intelligence

ALBANY – IBM will invest $2 billion in New York to develop artificial intelligence hardware and bolster research opportunities in the field with the state’s publicly funded university system, the company announced Thursday.

The technology company, which has a site in Poughkeepsie, will be partnering with the State University of New York to develop an AI Hardware Center at SUNY Polytechnic Institute in Albany.

And it comes with a hefty state subsidy of $300 million.

Poughkeepsie Journal

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