IBM Pours Another 2 Bln USD in AI Future Research
IBM has been focusing on taking a central place in the Artificial Intelligence industry for years. As most of us know, AI is one of IBM’s strategic technology directives, along with Quantum computing and Blockchain. Ginni Rometty, Chairman, President, and CEO of IBM has been betting IBM’s future on AI for a few years now performing one of the most radical transformations in the history of the industry.
As part of its heavy investment in the artificial intelligence field, IBM announced the creation of a global research hub for AI hardware development and nanotechnology researches.
As shared by Governor Andrew M. Cuomo, New Yorks’ SUNY Polytechnic Institute plays a central role in this technology investment accumulating the main part of the $2.0 bln investment along with a few other areas in New York.
The IBM Research AI Hardware Center is how it will be named and will push development of AI-optimized hardware together with partners like Samsung, Mellanox, Synopsys, Applied Materials and Tokyo Electron Limited (TEL).
IBM has been focusing on working with partners on this topic for years now as AI and deep and machine learning has been deemed to be heavily influenced by open source solutions from its start.
The investment is part of IBM’s strategy to bet on its two core development breakthroughs over the last few years – its Digital AI cores and its Analog AI cores. A bit more on Digital AI cores and Analog AI cores you can read in our blog. According to the company, those two approaches have the potential to lead to 1,000x AI performance efficiency improvement over the next decade as shown on the Figure.
From a historical point of view, L3C has implemented and invested in IBM’s technology from its very beginning. Please find out more on our AI instances in our services page and contact us if you have any questions.