Sep
06
2017
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IBM and MIT pen 10-year, $240M AI research partnership

 IBM and MIT came together today to sign a 10-year, $240 million partnership agreement that establishes the MIT-IBM Watson AI Lab at the prestigious Cambridge, MA academic institution. The lab will be co-chaired by Dario Gil, IBM Research VP of AI and Anantha P. Chandrakasan, dean of MIT’s School of Engineering. Big Blue intends to invest $240 million into the lab where IBM researchers… Read More

Jul
13
2017
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Jefferies gives IBM Watson a Wall Street reality check

 IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s investment into Watson will struggle to return value to shareholders. In recent years, IBM has increasingly leaned on Watson as one of its core growth units — a unit that sits as a proxy for projecting IBM’s… Read More

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