IBM and Its Farm Team Model
March 6, 2019
IBM and SUNY Poly have pooled their talents to create an innovating institute: a brand new artificial intelligence lab in Albany, New York. Times Union has the details in the article, “IBM, SUNY Poly Creating An Artificial Intelligence Center In Albany.” The new AI lab is only one part of a $2 billion commitment IBM has made to New York University.
The deal outlines that Empire State Development will provide SUNY with a $300 million grant over five years for the AI Hardware Center. As a trade, IBM will remain at SUNY Poly’s Center for Semiconductor Research until 2023. IBM’s spending over the period will amount to $2 billion and will make New York one of the top places for AI.
We learned:
“ ‘New York has always been at the forefront of emerging industries, and this private sector investment to create a hub for artificial intelligence research will attract world-class minds and drive economic growth in the region,’ Gov. Andrew M. Cuomo said in a statement. “Artificial intelligence has the potential to transform how we live and how businesses operate, and this partnership with IBM will help New York stay on the cutting edge developing innovative technologies.’”
The AI Hardware Center is only one of many AI institutes, among them are Rensselaer Polytechnic Institute, Applied Materials, and Tokyo Electron. IBM will also spend $30 million on AI programs at SUNY schools, while SUNY will contribute $25 million as well. SUNY wants all of its schools to have closer collaboration and it will be part of a new education model.
Is this a “farm to table” approach to innovation? Watson, what’s the answer?
Whitney Grace, March 6, 2019
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