Hello, Guest!
  • Friday, November 22, 2024

IBM Invests in $240M AI Research Lab at MIT


TYSONS CORNER, VA, Sept. 8, 2017 ” IBM (NYSE: IBM) has entered into a partnership with the Massachusetts Institute of Technology to establish a $240 million laboratory that will facilitate joint research and development efforts in artificial intelligence, ExecutiveBiz reported Thursday.

The company said Thursday it will work with MIT to operate the MIT-IBM Watson AI Lab as it serves to advance AI applications in industry, drive the creation of new hardware and algorithms as well as explore the technology’s economic and societal impact.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
[email protected]

Video of the Day

Related Articles

GovCon Expert Jim McAleese Details Components of $850B FY25 Defense Budget Request GovCon Expert

GovCon Expert Jim McAleese Details Components of $850B FY25 Defense Budget Request

A McAleese & Associates report on President Joe Biden’s proposed $850 billion budget for the Department of Defense offers a look at how much funding will go to service branches and programs in fiscal year 2025. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, reported that the Department of the Air

ONR’s Tom Drake Highlights Key Agency R&D Programs & Strategies DOD

ONR’s Tom Drake Highlights Key Agency R&D Programs & Strategies

The Office of Naval Research is responsible for a variety of science and technology programs intended to deepen the Navy’s capabilities, and according to Dr. Tom Drake, head of the agency’s Ocean Battlespace Sensing Department (Code 32), ONR is currently working on many cutting-edge technologies and leveraging novel approaches to research and development. He discussed several of these initiatives during the Potomac Officers Club’s 10th Annual Defense R&D Summit on Wednesday.

DOD CTO Heidi Shyu Previews Biomanufacturing RFP, Highlights Funding Opportunities Events

DOD CTO Heidi Shyu Previews Biomanufacturing RFP, Highlights Funding Opportunities

Under Secretary of Defense for Research and Engineering Heidi Shyu has previewed an upcoming request for proposals from the Pentagon, in support of the creation of a sustainable, safe and secure bioeconomy. Shyu, a recipient of the 2024 Wash100 Award, gave the audience at the Potomac Officers Club’s 10th Annual Defense R&D Summit a glimpse of the RFP