IBM and MIT set up joint AI research lab

US – IBM has announced a $240 million, 10-year investment with the Massachusetts Institute of Technology (MIT) to create the MIT-IBM Watson AI Lab.

MIT_crop

The new lab will undertake artificial intelligence (AI) research with the aim of advancing hardware, software and algorithms in machine learning; increase AI’s impact on industries; and explore the economic and ethical implication of it on society.

Co-chaired by Dario Gil, IBM Research VP of AI and IBM Q, and Anantha Chandrakasan, dean of MIT’s School of Engineering, it will involve 100 AI scientists, professors and students to pursue joint research.

One of the new lab’s objectives is to encourage MIT faculty and students to launch companies that will focus on commercialising AI inventions and technologies that are developed at the lab.

John Kelly III, IBM senior vice-president, cognitive solutions and research, said: "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.

"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."

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts