By Josh Beckerman 
 

International Business Machines Corp. (IBM) plans to invest over $2 billion in New York state, including an "AI Hardware Center" at the Polytechnic Institute campus in Albany.

Gov. Andrew Cuomo said Thursday that IBM plans to provide at least $30 million in cash and in-kind contributions for artificial intelligence research across the SUNY system, with SUNY matching up to $25 million for a combined total of $55 million.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 
 

(END) Dow Jones Newswires

February 07, 2019 13:20 ET (18:20 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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