IBM planning new $2B AI research center in Upstate NY

The company’s AI Hardware Center in Albany will focus on computer-chip technology

Tri-State /
Feb.February 07, 2019 03:00 PM

SUNY Polytech Institute in Albany and IBM CEO Ginni Rometty (Credit: SUNY poly and Getty Images)

New York City is developing a reputation for being a tech hotbed, but don’t sleep on Upstate. IBM is investing $2 billion into a new research hub in Albany focused on artificial intelligence.

The new AI Hardware Center will focus on computer-chip research, development, prototyping, testing and simulation, according to Bloomberg. It will be located at the SUNY Polytechnic Institute in Albany.

IBM, based in Armonk, has been pushing into new technologies like AI and cloud-computing and away from its legacy businesses like mainframe computers. The company plans to expand its partnership with SUNY Poly for the Center for Semiconductor Research, which is on track to expire at the end of 2021.

The company inked a 28,000-square-foot lease at 19 Union Square West last year to house part of its engineering and technology team, and the corporation took all of WeWork’s 88 University Place in 2017, the first time a single corporation had taken an entire WeWork space in New York. [Bloomberg] – Eddie Small


Related Articles

arrow_forward_ios
Eric Gordon
Eric Gordon on the evolution of the residential data game — and how to stay competitive in the new world
Eric Gordon on the evolution of the residential data game — and how to stay competitive in the new world
Big Tech locations in NYC
MAP: Here’s a look at all the Big Tech locations in NYC
MAP: Here’s a look at all the Big Tech locations in NYC
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
New York Governor Kathy Hochul touring construction in the subway (Getty)
Hochul promises Second Avenue Subway work to advance in 2022
Hochul promises Second Avenue Subway work to advance in 2022
Donald Trump (Getty)
Pandemic dashed one-quarter of Trump’s NYC retail tenants
Pandemic dashed one-quarter of Trump’s NYC retail tenants
NYC hotels hoping for holiday business swell likely to be disappointed
NYC hotels hoping for holiday business swell likely to be disappointed
NYC hotels hoping for holiday business swell likely to be disappointed
Princeton proud: Eric Schmidt reportedly bidding to save club
Princeton proud: Eric Schmidt reportedly bidding to save club
Princeton proud: Eric Schmidt reportedly bidding to save club
Children’s Magical Garden at at 157 Norfolk Street (Google Maps, Facebook)
Children’s Magical Garden claps back against developer who claimed defamation
Children’s Magical Garden claps back against developer who claimed defamation
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...