IBM: Invests $2 billion


IBM: Invest $2 billion

  • IBM invest $2 billion in new technology development at the SUNY Polytechnic Institute campus
  • Plans to provide at least $30 million in cash and in-kind contributions for AI research across the SUNY system
  • Empire State Development will provide a $300 million capital grant over five years to the Research Foundation for SUNY to purchase
  • IBM also plans to expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR)