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September 7, 2017 06:45 pm GMT

IBM is pouring $240 million into a new AI research lab at MIT

There is no stopping artificial intelligence, but IBM and MIT figure they can speed up its development with a healthy infusion of cash and a brand new research center.

On Thursday, IBM and the Massachusetts Institute for Technology (MIT) announced a new $240 million research center called the MIT-IBM Watson AI Lab that's focused, at least in part, on how new  hardware can help energize and grow AI technologies.

SEE ALSO: Elon Musk and 115 other experts ask the UN to ban killer robots in open letter

"The field of artificial intelligence has experienced incredible growth and progress over the past decade. Yet today’s AI systems, as remarkable as they are, will require new innovations to tackle increasingly difficult real-world problems to improve our work and lives,” said Dr. John Kelly III, IBM senior vice president, Cognitive Solutions and Research in a statementRead more...

More about Artificial Intelligence, Ai, Ibm, Mit, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/sKNPgisOBlE/

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