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IBM: $2B Expansion In NY To Focus On Artificial Intelligence

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IBM is announcing plans for a $2 billion expansion in New York state focusing on artificial intelligence hardware.

The Westchester County-based company says that as part of the investment, it will create a center for AI computer chip research and development at the SUNY Polytechnic Institute's campus in Albany.

To support the expansion, New York has agreed to contribute $300 million for the purchase and installation of equipment for the work. In addition, IBM and the state will together invest $55 million to fund artificial intelligence research across the State University of New York system.

The deal was announced Thursday by company executives and Gov. Andrew Cuomo. The Democrat says the expansion would put New York on the cutting edge of artificial intelligence research.

© 2019 Associated Press

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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