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MIT and IBM form New AI Research Lab

MIT President, Dr. L Rafael Reif (on left) and IBM Senior Vice President, Cognitive Solutions and Research, Dr. John Kelly III (on right),

MIT President, Dr. L Rafael Reif (on left) and IBM Senior Vice President, Cognitive Solutions and Research, Dr. John Kelly III (on right), reach a 10-year, $240 million agreement to establish the MIT and IBM Watson AI Lab where fundamental joint research in AI hardware and software will be conducted to propel scientific breakthroughs that will unlock the potential of AI.
Credit: IBM Research

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