07-02-2019 17:17 via kvoa.com

IBM: $2B expansion in NY to focus on artificial intelligence

ALBANY, N.Y. (AP) — 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
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