MIT, IBM set up a joint research lab for Artificial Intelligence

Massachusetts Institute of Technology (MIT) and IBM on Thursday announced a new joint collaboration for research in the field of Artificial Intelligence (AI). The new MIT-IBM Watson AI Lab will support joint research by IBM and MIT scientists. IBM is planning to spend $240 million over the next decade to create the artificial intelligence research lab at MIT. Its mission will include advancing the hardware, software and algorithms used for artificial intelligence. It also will tackle some of the economic and ethical implications of intelligent machines and look at its…

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